Kingspan seeks greater US return

Kingspan is looking to double its revenue contribution from North America in the next five years.

Currently around 60% of the Cavan-based specialist building material group’s annual revenues come from its operations in the UK, North America and Australasia. Of that, approximately 13% is contributed by the North American division.

Speaking yesterday on the back of a strong set of first-half financial results, Kingspan chief executive, Gene Murtagh said that the board would like to nearly double that figure to around 25% within five years.