Ireland's Kingspan reports 'extraordinary demand' in data centre-focused unit

Kingspan

20/02/2026 08:28

DUBLIN, Feb 20 (Reuters) - Irish building materials manufacturer Kingspan KSP.I said on Friday its data centre-focused ADVNSYS business was experiencing extraordinary demand, with orders in the first weeks of 2026 double those in the corresponding period last year.

ADVNSYS unit produces bespoke critical infrastructure such as ventilation

Advnsys sales grew 12% in 2025, buoyed by tech sector activity, Kingspan said in full-year results

"Order intake in 2026 to date is double the same period last year. Extraordinary pipeline," it said in the statement.

"To meet extraordinary demand we are rapidly ramping up manufacturing capacity in the US, Middle East and Asia,” Kingspan CEO Gene Murtagh said in FY results

Kingspan shares up 8% by 0810 GMT

Kingspan dropped plans this year for an initial public offer of the ADVNSYS unit

 (Writing by Conor Humphries; Editing by Clarence Fernandez)

 ((conor.humphries@thomsonreuters.com; +353 1 236 1915;))