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Gene Murtagh, Kingspan's CEO, said the company saw notable bounce in the second half of 2024

Kingspan shares soar after record profits for 2024

Shares in insulation and building materials manufacturer Kingspan soared by 13% today after it reported record profits and revenues for 2024 despite "tough" end markets.

Business • 21 Feb

Kingspan's 2023 after tax profits up 6%, but revenues dip

Insulation and building materials manufacturer Kingspan has reported higher profits for the year to the end of December but said its revenues for the year dipped due to a deflation hit.

Business • 16 Feb 24

Kingspan expects 5% increase in FY trading profit

Insulation and building materials manufacturer Kingspan said today it expects its full year trading profit will increase by 5% to €875m.

Business • 06 Nov 23

Kingspan posts flat H1 profits amid challenges

Insulation and builders materials group Kingspan has reported trading profit of €435.5m for the first half of its financial year, a modest increase on the record profit during the same time last year.

Business • 18 Aug 23

In April, Kingspan said it had completed its exit from the Russian market and divested its operations to local management

Kingspan invests €200m in new Ukraine technology campus

Insulation and building materials manufacturer Kingspan said it will invest €200m in a new Building Technology Campus in Ukraine.

Business • 07 Jun 22

Kingspan's profits jump 48% despite dramatic inflation

Insulation and building materials manufacturer Kingspan has reported a big jump in profits and revenues for 2021 despite the impact of "dramatic" input price inflation.

Business • 18 Feb 22

Kingspan's CEO Gene Murtagh said that the company is confident about the second half of the year

Kingspan posts record H1 profits on strong demand

Insulation and building materials manufacturer Kingspan has reported record first half profits but said that cost inflation will persist until 2022.

Business • 20 Aug 21

Kingspan eyes marginally higher 2020 trading profits

Insulation and building materials manufacturer Kingspan has said it is expecting a full year trading profit which will be marginally higher than last year.

Business • 16 Nov 20

Kingspan said it will not be paying an interim dividend to shareholders

Kingspan's H1 profits down but seeing pent up demand

Co Cavan-based insulation and building materials manufacturer Kingspan has said its trading profit for the six months to the end of June was down 13% on the same time last year.

Business • 21 Aug 20

Kingspan's chief executive Gene Murtagh tells the company's AGM that Recticel 'would have been a nice bolt on'

Kingspan CEO says little hope of reviving Recticel deal

Kingspan has moved on from its discussions with Recticel over bids for a part or whole of its Belgian rival and sees little hope of a deal being revived, its chief executive Gene Murtagh said today.

Business • 03 May 19

Kingspan said it was the first time earnings before interest, tax, depreciation and amortisation exceeded €500m

Kingspan posts 19% increase in revenue for 2018

Building materials company Kingspan has posted a 19% increase in revenue for the year ending 31 January 2018, according to preliminary figures.

Business • 22 Feb 19

Kingspan's Chief Executive Gene Murtagh said the company has recovered from a sluggish start to the year

Kingspan CEO on results, expansion, Brexit, and housing

Building materials group Kingspan recorded a 15% increase in revenue for the first six months of the year, reaching over €2 billion for the first time. Trading profit also came in well ahead of expectation, rising 10% to €195m.

Business • 24 Aug 18

Kingspan CEO Gene Murtagh said it is 'quite logical that UK investors would hang back given the present uncertainty' around Brexit

Kingspan shares drop on warning of UK demand slowdown

Kingspan has said it expects the sharp slowdown seen in demand for its insulated panels in the UK to carry on because of what it termed the "Brexit quagmire".

Business • 23 Feb 18

Kingspan CEO Gene Murtagh says the Brazil deal gives the company a strong platform for further expansion

Kingspan further expands Latin American presence

Building materials group Kingspan has acquired a 51% stake in Brazilian firm Isoeste for an undisclosed sum.

Business • 27 Sep 17

Critics say the annual Bilderberg meeting is more sinister than a simple sharing of expertise

Irish attendees at exclusive Bilderberg meeting

An annual gathering of some of the world's most powerful and influential figures gets under way today in Virginia in the United States.

Business • 01 Jun 17

Co Cavan-based Kingspan's trading profits rosee 33% to €340.9m on the back of a 12% rise in revenues to €3.1 billion

Kingspan builds up 33% increase in trading profits

Building materials company Kingspan has reported better than expected increases in revenue and profits for last year, despite the impact of currency fluctuations.

Business • 17 Feb 17