Companies New York hedge fund takes short positions against Irish firms Kingspan and CRHNew Central Bank filings show Millennium International Management holds sizeable short positions against both Kingspan and CRH
Markets Kingspan confirms attempted deal with American rival Carlisle but ‘no active engagement’It had been reported earlier this week that the Cavan based building firm had been rebuffed in an attempt to merge
Companies Reports from US say Kingspan sought merger with CarlisleThe Arizona-based firm rejected the Cavan company’s approach, but said it would be open to reviewing a better offer
Stock Take Lorcan Allen: Ireland’s 10 largest corporates report record €8.7bn in combined profits An analysis of the half-year performance of the ten largest companies on the exchange shows that Irish blue-chip corporates have had a stellar first half of 2023
Stock Take Kingspan weathers economic headwinds to record first-half growthCavan-based building materials giant sees share price rise 40 per cent to value it at more than €13 billion in spite of ‘testing environment’
Companies Earnings increase at Kingspan despite ‘testing environment’Revenue decreased 2 per cent to just over €4 billion
The Week Ahead The Week Ahead: Glanbia and Kingspan among interim results to be recordedThe Business Post looks ahead to key events in the world of business over the next seven days
Construction UK watchdog’s move to drop Kingspan prompts questions in IrelandMove follows British standards body BRE cutting ties with firm on foot of Grenfell fire inquiry
Markets 12.15pm Markets Update: ISEQ at its highest level since Celtic Tiger Euronext Dublin up 1.28 per cent with Kingspan and Bank of Ireland benefiting from big gains
Markets 7pm Markets Wrap: ISEQ fails to rally as UK miners top buoyant FTSEKingspan, Flutter and Ryanair slipped further back the Dublin markets
Grenfell Fire Ulster Rugby will continue with Kingspan sponsorship despite Grenfell controversySurvivors and bereaved relatives accused Ulster Rugby of “showing absolute disrespect” for the victims of the tragedy
Markets Markets Wrap: Kingspan biggest gainer on Dublin ISEQ following German acquisitionShares finished higher in Dublin and London after a positive opening on Wall Street
Companies Kingspan buys majority stake in German building firmCavan-based materials giant is paying initial consideration of €35 per share for the stake in Steico, or about €251 million
Markets Kingspan justifies its premium blue-chip status yet again with half-year profits of €435mShares in the Cavan-based insulation and materials giant are up 30 per cent year on year, outstripping their rivals by a distance
Companies Kingspan to report record profits for the first half of this yearThe company said market and category performances have varied ‘widely’
Companies Kingspan plans to delist from London exchange but is ‘committed’ to Euronext Dublin The board has reviewed Kingspan’s market presence and proposed to delist from the UK due to the “negligible” trading levels, the company said
Business US union calls on Kingspan shareholders to vote against board appointmentsAmerican sheet metal workers’ union claims the company engaged in an ‘anti-union campaign’
Business Ian Guider: Kingspan bosses need to talk more about Grenfell, not lessKingspan cannot quietly move on from Grenfell, particularly as Michael Gove has it in his sights, so a better strategy would be to proactively engage with the British government
Post Script Kingspan billionaire versus the unlikely Nimbys, multitasking former TD’s firm back in blackPost Script: How Flutter hedged its bets on Cheltenham press release, and Further change as Furthr chief steps aside after months in charge
business Kingspan executives enjoy €7m share bonanza after €8bn revenuesBuilding insulation specialist reported 2022 revenues of €8.3bn earlier this month
