Kingspan now building for the future

Building materials group Kingspan reported some revenue growth for the third quarter of the year last week, but countered that good news by indicating that national spending cuts were once again hitting business.

20th November, 2010

Building materials group Kingspan reported some revenue growth for the third quarter of the year last week, but countered that good news by indicating that national spending cuts were once again hitting business.

An interim management statement said third quarter revenues were up 15 per cent year-on-year, leaving year-to date revenues 6 per cent higher and ahead of some forecasts.

However, management also said that the outlook had deteriorated.

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