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News Kingspan forecasts profit growth in first half of 2022

Kingspan forecasts profit growth in first half of 2022

Written by Global Insulation staff
20 June 2022
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Ireland: Kingspan says that it expects to record a profit of Euro415m in the first half of 2022, up by 26% year-on-year from Euro329m in the first half of 2021. The company noted that its global backlog of insulated panels orders fell by 2% year-on-year in volume on 31 May 2022, having previously been up by 19% year-on-year on 31 March 2022. It said that order volumes nonetheless remained above 2019 levels.

Published in Global Insulation News
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  • Ireland
  • Kingspan
  • panel
  • Forecast
  • Order
  • volumes
  • Results
  • growth

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