Kingspan shares fall despite profit rise in face of Covid and Brexit threats

Kingspan CEO Gene Murtagh: The group said that overall sales for the first nine months of the year were down 5% on the same period last year. 

Shares in building insulation company Kingspan fell by 4% despite it saying it expects profits to rise this year, even in the face of the twin challenges of Covid and Brexit.

In a trading update, the Cavan-based group said that overall sales for the first nine months of the year were down 5% on the same period last year.