Ireland-based Kingspan rises on record HY profit outlook

Kingspan

11/07/2023 08:37

** Shares of Kingspan Group  KSP.I  up as much as 13.3% at
64.98p
    ** Co sees HY profit nearing a record high  
    ** Says positioned "favourably" as it enters third quarter
    ** Adds, performance in Americas markets outpaced European
activity
    ** Stock on track to log best day since March 2020, if trend
holds 
    ** Up to last close, stock had risen ~10% this year 


    
   


($1 = 0.9081 euros)

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))