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News Kingspan builds sales from acquisitions in first quarter of 2017

Kingspan builds sales from acquisitions in first quarter of 2017

Written by Global Insulation staff
27 April 2017
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Ireland: Kingspan Group’s sales rose by 24% year-on-year to Euro831m for the first three months of 2017, boosted by the acquisitions that the company made in 2016. By market the group reported good performance in the UK, US and Australia, recovery in Europe and poor performance in the Middle East and Turkey. It also noted that all markets have experienced raw material price inflation. Both sales of insulation board and panels grew in the period. The company commissioned a new insulation board plant in Melbourne in early April 2017.

Last modified on 10 May 2017
Published in Global Insulation News
Tagged under
  • Ireland
  • Kingspan
  • Results
  • GGM33

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