Wednesday August 12, 2020

The week ahead

17th November, 2019
Gene Murtagh, chief executive, Kingspan Pic: Bryan Meade

Kingspan, the building materials group, will deliver its trading update on Monday. The company’s trading profit was up 12 per cent at €230 million in the first half of the year while revenues surged 18 per cent to €2.2 billion. Analysts forecast trading profit for the year should surpass €490 million. Kingspan recently acquired Building Solutions (National) Ltd, a British manufacturer and distributor of construction products, for €42 million on a cash and debt-free basis.


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