Kingspan reports record revenue of €4.2 billion as profits rise by 32%

Materials giant said exposure to high growth end markets and a concerted worldwide move towards an energy conscious future played a key part in driving growth

Gene Murtagh, chief executive of Kingspan

Kingspan, the insulation and materials giant, has reported record revenue of €4.2 billion in the six months to June 30, a 42 per cent increase year-on-year.

On an underlying basis, revenue is up 27 per cent, according to half-year results from the group.

The company’s trading profit of €432.2 million for the first half of this year is up 32 per cent on the prior year. On an underlying basis trading profit is up 15 ...