Companies

Kingspan still on track to deliver record full-year profit

Company reiterates full-year outlook in trading update recording a dip in third quarter sales across all divisions

Gene Murtagh: chief executive of Kingspan. Picture: Bryan Meade

Kingspan, the insulation and materials giant, has reiterated that it still expects to deliver a record full-year profit after recording €6.14 billion in sales in the first nine-months of 2023.

This marks a slight dip versus the same period a year ago and in the third quarter, the company said with sales pre currency and acquisitions down 7 per cent in the year-to-date, and in the quarter.

“There is still some way to go in ...