Kingspan profits up despite subdued UK market

Insulation firm Kingspan reported a 12.5% jump in trading profits to €107.7m despite subdued trading conditions in the UK buildings and renovations market, which accounts for 38% of its sales.

Kingspan profits up despite subdued UK market

Insulation firm Kingspan reported a 12.5% jump in trading profits to €107.7m despite subdued trading conditions in the UK buildings and renovations market, which accounts for 38% of its sales.

The group said insulation board revenues were up 2%, driven by sales in continental Europe.

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