Ireland: Kingspan’s sales have risen by 13% year-on-year to Euro2.27bn for the first nine months of 2016 from Euro2bn in the same period in 2015. Sales by its insulated panels division rose by 17% driven by good markets in the UK, France and Benelux, although slowdowns were reported in Germany and the US. Sales by its insulation board division rose by 6% with positive performance noted in the UK, Ireland, Scandinavia and the US. The insulation producer noted in its interim trading report that the weakening Pound Sterling against the Euro was negatively impacting its Sterling denominated earnings.
