Kingspan's first-half trading profit rises by 50% to €167.3 million

Shares in the company surged by 5% as it said it enjoyed its strongest-ever six-month performance

22nd August, 2016

Kingspan has reported a 50 per cent increase in its first-half trading profit to €167.3 million as it said it enjoyed its strongest ever six-month performance.

The insulation and building materials group said revenue in the period to the end of June rose by 19 per cent to €1.47 billion while its trading margin increased to 11.4 per cent from nine per cent. Earnings before interest, tax, depreciation...

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