Kingspan sales jump 24% with buoyant order intake

Insulation materials sales surged in the first quarter

Chief Executive Officer of Kingspan Gene Murtagh. The company said it has a strong backlog on hand which augurs well for the period ahead.

Building material supplier Kingspan has reported a strong first quarter with sales of €1.28bn for the first three months of the year, 24% ahead of prior year. 

Significant raw material inflation is a key feature of the current trading environment and the associated recovery effort is ongoing and on track, albeit with a lag.