Kingspan sales rise above €8bn despite ‘bumpy’ trading

The building insulation firm said it was affected by high energy and consumer inflation

Gene Murtagh, the company’s chief executive, said business was more “subdued” in the second half of the year. Picture: Fergal Phillips

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 ...