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News Kingspan forecasts first-half sales and profit growth in 2021

Kingspan forecasts first-half sales and profit growth in 2021

Written by Global Insulation staff
24 June 2021
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Ireland: Kingspan has forecast first-half consolidated net sales growth of 40% year-on-year in 2021 to Euro2.90bn from Euro2.07bn in the first half of 2020. It predicted a rise in operating profit of 57% to Euro315m from Euro200m. The company concluded its acquisition of Denmark-based pipe insulation producer Logstor International Holding on 22 June 2021 for Euro253m.

Published in Global Insulation News
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  • Kingspan
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