Kingspan to report record profits for the first half of this year

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Kingspan to report record profits for the first half of this year
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The company said market and category performances have varied ‘widely'

Kingspan, the insulation and materials giant, expects to report a record a trading profit in the region of €435 million for the first half of this year.

The profit will be “modestly” ahead of the €434 million reported for the first half of 2022, according to a trading update from the group. The company said market and category performances have varied “widely” with the Americas “overall outpacing European activity”.

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