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Kingspan ramps up planned US roofing investment to $1bn

Insulation and building company Kingspan Group plc is ramping up its commitment to the US from $750m with $1 billion of capital investment over the next 5 years

Business • 05 Jun

Dara Deering, the CEO of Home Building Finance Ireland

HBFI grows loan approvals to €2.7 billion

New figures from Home Building Finance Ireland show it has grown total loan approvals to €2.7 billion at the end of December 2024, an increase of 61% on the €1.66 billion at the end of 2023.

Business • 29 Jan

A shortage of skilled workers is having a knock-on effect on projects - creating delays and higher costs

Skills shortages a top concern within trades - survey

Skills shortages - and the cost of recruiting skilled labour - is the most common concern among tradespeople, according to a new survey.

Business • 18 Nov 24

Overall volume growth in building and construction was 1.7% in the period

Residential building production volumes fell 1.3% in Q2

The volume of production in the residential building sector fell 1.3% between April and June compared with the previous quarter, new data from the Central Statistics Office shows.

Business • 20 Aug 24

Commercial activity continued to be a drag on the sector but there was optimism around the outlook for housing

Modest slowdown in September construction activity: PMI

Activity in the construction sector slowed again in September, according to the latest purchasing managers index from BNP Paribas Real Estate Ireland.

Business • 09 Oct 23

Commercial construction saw a significant slowdown in the month, with many firms reporting a pick-up in input cost inflation

Construction activity continued to slow in August - PMI

A slowdown in construction activity continued in August, according to the latest construction purchasing managers index from BNP Paribas Real Estate Ireland.

Business • 18 Sep 23

Gardaí say fraudsters mostly targeted hardware stores, builders providers and agricultural cooperative stores

Rise in building and agricultural thefts in 14 counties

Gardaí are appealing to the public and in particular to those working at building and agricultural material providers, who may have been victims of credit card fraud, to come forward.

Regional • 19 Apr 23

The EXO near Dublin Port is one of the projects completed by Bennett Construction

Revenues fall at Bennett Construction due to Covid-19

The builders of Dublin's tallest office block - the EXO - last year sustained an €85m revenue hit, due mainly to the continuing impact of Covid-19.

Business • 24 Feb 23

Kingspan's trading margin fell in the period, but the acquisitions it has made helped to boost its performance

Kingspan's half year profits rise by 32%

Kingspan has reported a 32% rise in its trading profits in the first half of the year, following a surge in its revenues.

Business • 19 Aug 22

Rising costs has led some firms to postpone building projects, which has in turn weakened sentiment among building firms

Growth in construction sector slowed again in May

Activity in the construction sector continued to increase in May but at its slowest pace in more than a year, according to the latest Construction Purchasing Managers' Index from BNP Paribas Real Estate Ireland.

Business • 13 Jun 22

The report predicts apartment construction costs could rise a further 3% this year

Cost of building two-bed apartment jumps 14% since 2020

A new report has found that the average cost of building a two-bed apartment has increased by 14% since before the pandemic started.

Business • 09 Mar 22

The number of new homes completed this year is likely to be on a par with 2020 - but still well below the level required to meet demand

Government 'needs to examine role in property supply'

The Government needs to look at its role in the limited availability of housing for would-be buyers, according to the chief economist of Goodbody Stockbrokers.

Business • 07 May 21

Construction of housing is to resume on April 12

Government extends construction commencement notices

The Government has signed regulations that will mean that valid construction commencement notices submitted during the most recent period of restrictions remain valid until April 26.

Business • 02 Apr 21

Kingspan saw its sales rebound in the second half of the year, while tighter control of costs helped it to boost profits

Kingspan sees profits rise 2% despite revenue dip

Shares in Kingspan jumped over 8% today after it announced a full year profit of €508.2m for 2020, a rise of 2% year-on-year, despite a fall in revenue.

Business • 19 Feb 21

26,106 Commencement Notices were issued to local authorities during September

September housing commencements up 28% on last year

The number of new homes which have commenced construction in September was 28% higher than in the same period last year.

Business • 11 Nov 19

The reduction has occurred despite a 45% increase in numbers working in the industry

Construction industry set for 'safest year ever' - CIF

The building industry has said it is on track to record its safest year ever, the Construction Industry Federation has released figures showing there were two fatalities so far this year compared to 11 during 2013.

Ireland • 19 Jul 19

Prime Time - Audiology Failures, Building Failures and Brexit

Katie Hannon speaks to the father of a child failed by audiology services in the West of Ireland. Plus, should the state bale out those living in Celtic Tiger building failures? And asks where Theresa May's latest Brexit move leaves the Border.

Blog • 27 Jun 18

Residential building volumes jumped by 37.7% in the third quarter of 2017 compared to the same time last year

Third quarter construction output up 18.4% - CSO

The volume of output in the the building and construction industry increased by 18.4% in the third quarter of 2017 compared to the same time last year, boosted by residential building.

Business • 08 Dec 17

Kingspan said it was generally pleased with market activity in Europe, the US and even the UK

Kingspan reports 6% rise in trading profit for H1

Building materials group Kingspan has reported a 6% increase in trading profit for the first half of the year on the back of significantly higher revenues.

Business • 18 Aug 17

The CSO saw an increase of 4.2% in the volume of residential building work in the fourth quarter of 2016

Building and construction output up 0.9% in 4th quarter

New figures from the Central Statistics Office show that the volume of output in building and construction increased by 0.9% in the fourth quarter of 2016 when compared with the previous three months.

Business • 08 Mar 17

Residential building work recorded an increase of 30.8% in the third quarter compared to the same time last year

Construction output up 2.6% in third quarter

New CSO figures show that the volume of output in the building and construction sector rose by 2.6% in the third quarter of the year compared to the previous three month period.

Business • 08 Dec 16

The volume of residential building work rose 17% in Q1

Volume in building and construction sector rises

The volume of output in the building and construction sector increased by 4.2% in the first quarter of 2016, when compared with previous three months.

Business • 09 Jun 16

Around €150,000 is spent on the actual construction of a three bed semi in the greater Dublin area

45% of building costs go towards construction

Less than half of the costs involved in building a three bed, semi-detached house in the greater Dublin area go towards construction, according to a survey by the Society of Chartered Surveyors.

Business • 18 May 16

The number of homes being built in Ireland is well below pre-crash levels and lagging behind demand

Firms eye slow return of house building

A severe housing shortage - identified by the Government as one of the main threats to a recovering economy - is being tackled but a turnaround will take time, some of the country's largest building firms have said.

Business • 27 Aug 15

A pick up in building activity in Britain and Ireland has boosted Grafton Group's revenues

Grafton Group sees profits jump by 31%

Builders merchant Grafton Group has reported a £47m rise in its profit after tax for the first half of the year, up 31% on the same period of 2014.

Business • 27 Aug 15