Kingspan_Architectural_Roofing_Queen_Alia_Image_052017_AE_EN

Latest Results

Results for Year Ended 31st December 2019

+7%


€4.7bn

Revenue

+11%


€579.8m

EBITDA

+12%


€497.1m

Trading Profit*

+50bps


10.7%

Trading Margin**

+11%


204.6c

EPS

*Operating profit before amortisation of intangibles and non trading items
**Trading profit divided by total revenue

“2019 was another year of solid growth for the business, ending a decade during which the company’s revenue increased fourfold, and trading profit increased sevenfold. Performance this year was helped by increased penetration of our proprietary high-performance insulation products QuadCore™ and Kooltherm®. This structural shift in building techniques and materials used also drove our increased profit margins.

Organic expansion is supported by new production facilities we have commissioned during the year in the US, Brazil and Sweden, and the level of demand building in Southeast Asia will soon justify investment in local manufacturing capacity there. We also continue to focus on acquisition opportunities, and have a healthy pipeline of targets under consideration.

The uncertain economic outlook in our end markets has seen a slow start to 2020, however, Kingspan’s longer-term growth potential is supported by investment in innovation to ensure we have a product suite that continues to differentiate us from the competition, operated through a sustainable business model that is underpinned by the ambitious Planet Passionate targets we set in 2019.”

Gene M. Murtagh, Chief Executive Officer, Kingspan Group PLC

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