Kingspan sales rise above €8bn despite ‘bumpy’ trading
The building insulation firm said it was affected by high energy and consumer inflation
Revenues at Kingspan, the building insulation specialist, rose above €8 billion despite trading difficulties towards the end of 2022.
The company today reported sales of €8.3 billion last year, up from €6.5 billion in 2021.Profit after tax at the business increased by 8 per cent to €616 million from €571 million.
Gene Murtagh, the chief executive of Kingspan said the company’s 2022 performance was “very satisfactory in the context of accumulating uncertainty over the course ...