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Gene Murtagh, Chief Executive Officer of Kingspan commented:

“Momentum picked up considerably in Q2, a trend we expect will continue to accelerate in the second half. Advnsys, our data infrastructure business is growing extremely well, whilst our Insulated Building Envelopes business, despite market headwinds, also delivered a very strong performance, with sales, profit and order intake all growing.

“We are very pleased to be consistently delivering on our Planet Passionate commitments, and we expect our total emissions in FY 2026 to be 70% below 2020 levels. This is despite considerable organic and acquisition led growth in that period.

“Overall we continue to trade well with structural growth setting us apart from the general movements in end markets. Across markets, Europe is generally stronger, the US is somewhat subdued save for the soaring tech sector and LATAM is progressing well. At Advnsys our expanding product suite and converging solutions are driving demand, market share and share of wallet and multiplying our growth opportunity for the foreseeable future.

“Across the Group our order backlog is considerably higher than at the same point last year and on that basis we can reasonably expect to break through €10bn in full year revenue for the first time. We expect revenue growth will translate to full year trading profit of €1,125m, an increase of approximately 18% on 2025”.