Kingspan Group's London-listed shares up on higher sales, to delist from LSE
28/04/2023 09:04
April 28 (Reuters) - ** London-listed shares of
Ireland-based construction supplies and fixtures company
Kingspan Group PLC KSP.L up 2.7% at 62.45 pence
** Q1 group sales up 4% Y/Y to about 2 bln euros ($2.20 bln)
** "Americas market overall was strong, Western Europe was
solid for the most part with Central & Eastern Europe remaining
tough" - KSP
** Co's board proposes delisting from London Stock Exchange
in coming weeks, noting that current trading on LSE is
negligible as a percentage of total trades
** Will remain listed on its main market Euronext Dublin
** Co expects to deliver trading profit of just over 400 mln
euros for H1 2023
** Including session gains, KSP shares up 23.2% YTD
($1 = 0.9091 euros)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com;))