Kingspan to report first fall in earnings in six years

KINGSPAN, the leading player in wooden constructions in Europe, is expected to report its first fall in earnings since the first half of 2002.

Due to report first-half figures on August 27, the group has already flagged a significant dip in earnings for the first half of the financial year.

Davy Stockbrokers is forecasting diluted adjusted earnings per share of 37c, a 27% decline on the H1 2007 result.