Kingspan profits rise despite tough environment

Cavan-based insulation group Kingspan saw revenue rise 3 per cent to €757.4 million in the first half of 2012, although this represents a decrease of 1 per cent on a constant currency basis.

20th August, 2012
Kingspan chief executive Gene Murtagh.

Cavan-based insulation group Kingspan saw revenue rise 3 per cent to €757.4 million in the first half of 2012, although this represents a decrease of 1 per cent on a constant currency basis.

Kingspan said that the trading environment across many of the countries in which it operates geographies continues to be uncertain but it said that it continues to outperform general markets. It reported that trading profit was up 19 per cent to €52.7 million, an increase...

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