Monday 22 January 2018

Kingspan profits increase by 21pc

Materials

Building materials company Kingspan posted a 21pc increase in trading profit in 2014, with revenue at the company up 6pc as it sold more insulated panels and insulation boards.

Kingspan said it saw strong margin improvements in the insulated panels business.

"We are very pleased to report another strong year of profit growth at Kingspan, helped particularly by double-digit growth in our UK and North American businesses," said Kingspan chief executive Gene Murtagh.

Herald

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