Brief: Kingspan FY trading profit up 3%, revenues up 6%

Kingspan

21/02/2025 07:02

Feb 21 (Reuters) - Kingspan Group PLC  KSP.I :
    * KINGSPAN - FY REVENUE INCREASED BY 6% TO 8.6 BILLION EURO
VERSUS
8.1 BILLION EURO IN 2023
    * KINGSPAN - FY TRADING PROFIT UP 3% TO 907 MILLION EURO
    * KINGSPAN - EBITDA OF 1.14 BILLION EURO VERSUS 1.07 BILLION
EURO
IN 2023
    * KINGSPAN - GROUP TRADING MARGIN OF 10.5%
    * KINGSPAN - BASIC EPS UP 4% TO 365.2 CENT
    * KINGSPAN - FINAL DIVIDEND PER SHARE OF 28.5 CENT, FOR A
TOTAL
DIVIDEND FOR THE YEAR OF 54.8 CENT
    * KINGSPAN - YEAR END NET DEBT 1,573 MILLION EURO VERSUS
979.5
MILLION EURO 2023
    * KINGSPAN - FRANCE DELIVERED A STRONG PERFORMANCE BUT
GERMANY,
THE NORDICS AND AUSTRALASIA WERE WEAKER
    * KINGSPAN - THE UK MARKET HAS BEEN GENERALLY UNDER
PRESSURE.
IRELAND WAS A STANDOUT POSITIVE PERFORMER
    * KINGSPAN - NORTH AMERICA PERFORMED WELL AND ACTIVITY IN
LATAM
WAS ALSO VERY ENCOURAGING
    * KINGSPAN - ORDER BACKLOGS ARE HEALTHY FOR 2025, AND
DEVELOPMENT
EXPENDITURE HAS SOWN THE SEEDS FOR FUTURE GROWTH

Source text:  ID: 
Further company coverage:  KSP.I 

 (Reporting by Graham Fahy)
 ((graham.fahy@thomsonreuters.com;))