Stock Take
Kingspan weathers economic headwinds to record first-half growth
Cavan-based building materials giant sees share price rise 40 per cent to value it at more than €13 billion in spite of ‘testing environment’
It’s fair to say investors in Kingspan are quite pleased with the company’s performance right now. So far this year, shares in the Cavan-based insulation and building solutions giant have surged almost 40 per cent to value the company at more than €13 billion.
The group’s strong performance on the stock market has been matched by its half-year results, which showed modest growth in the first six months of 2023 despite what the company described ...