Brief: Kingspan H1 trading profit up 5%, activity levels firmed after slow start

Kingspan

08/08/2025 07:00

Aug 8 (Reuters) - Kingspan Group PLC KSP.I:

KINGSPAN - H1 REVENUE +8% TO €4.5 BILLION, EBITDA +7% TO €572 MILLION, TRADING PROFIT +5% TO €443 MILLION

KINGSPAN - INTERIM DIVIDEND OF 26.3 CENT PER SHARE IN LINE WITH 2024, SHARE BUYBACK OF €650M OVER NEXT 18-24MONTHS

KINGSPAN - INSULATED BUILDING ENVELOPES SALES + 8% (MAINLY ACQUISITIONS) WITH UNDERSTANDABLY SLOWER SALES IN THE US AND SOLID EUROPEAN ACTIVITY OVERALL

KINGSPAN - ACQUISITIONS CONTRIBUTED 9% TO SALES GROWTH AND 4% TO TRADING PROFIT GROWTH IN THE PERIOD

KINGSPAN - ADVANCED BUILDING SYSTEMS SALES +12% BUOYED BY TECH SECTOR ACTIVITY. DAYLIGHTING PRODUCTS EXPECTING STRONGER H2. RECORD ORDER BOOK OVERALL

KINGSPAN - EXPECT FY TRADING PROFIT OF APPROX €950 MILLION, 5% AHEAD OF 2024;  EXPECT EUROPE AND LATAM TO OFFER MORE ATTRACTIVE SCOPE IN NEAR TERM, US MEDIUM AND LONGER TERM

KINGSPAN - RESILIENT PERFORMANCE OVERALL IN TOUGH END MARKETS. CAUGHT UP ON SLOW START TO YEAR AND ACTIVITY LEVELS FIRMED

KINGSPAN - LIKE-FOR-LIKE GROUP TRADING MARGIN UP 20BPS TO 10.3%, REPORTED TRADING MARGIN DOWN 30BPS TO 9.8%, (MAINLY INITIAL AND SEASONAL IMPACT OF NORDIC WATERPROOFING)

Further company coverage: KSP.I

 (Reporting By Padraic Halpin)

 ((Padraic.Halpin@thomsonreuters.com;))