Latest Results

Results for Year Ending 31st December 2020









Trading Profit*



Trading Margin**




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

The company’s financial performance in 2020 was robust, with the deep reduction in activity in April and May partly offset by a strong recovery towards the end of the year. Continued cost discipline helped us to deliver a small increase in trading profit despite the decline in revenue, and our organic and acquisition-led expansion of the business remains an ongoing focus.
The role our products can play in helping customers to reduce carbon emissions over the lifetime of a building is growing in importance. We also completed the first year of our ambitious Planet Passionate programme which is tracking 12 targets we have set the business to reduce its own environmental footprint.
2021 has started well, with performance helped by the strong backlog of activity from last year. Raw material price inflation is a significant ongoing issue to manage, but sentiment across our end markets is positive.

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

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