Ireland: Kingspan's sales were ‘close to €2bn’ in the first quarter of 2024, following a 1% year-on-year decline. The producer noted ‘positive’ volumes and ‘stable’ pricing, continuing trends from 2023. Raw material costs dropped, however Kingspan anticipates a new rise in its operating costs in the medium-term future.
Dow Jones Institutional Newswires has reported that Kingspan expects to record a first-half 2024 profit ‘roughly in line’ with the first-half 2023 figure of €436m.
