Kingspan Delivers Record Growth in Half Year Results

KINGSPAN GROUP delivered record growth in the six months to 30 June 2025, despite a slow start to the year.

In its half year results, the Group reported a revenue increase of 8% to €4.5 billion, while trading profit rose 5% to €443 million.

Record Growth

Sales in Insulated Building Envelopes (Insulated Panels, Insulation, and Roofing + Waterproofing) increased by 8%, boosted by solid activity in Europe but saw slower sales in the US.

Advanced Building Systems (Data Solutions and Light, Air + Water) sales also grew by 12% in the period, buoyed by tech sector activity, while the Group said a stronger H2 is expected for daylighting products.

During the period, Kingspan invested a total of €398.2 million in acquisitions and capital expenditure. Overall, acquisitions contributed 9% to sales growth and 4% to trading profit growth.

Gene Murtagh, Chief Executive of Kingspan, commented: “After a slow start to 2025 and despite geopolitical uncertainty in the period, Kingspan is pleased to have delivered record revenues and trading profits with a strong order book and a promising innovation pipeline as we enter H2.

“Activity levels have firmed as the year progressed and conditions remain relatively stable, albeit with outlook varying by market and segment and supported by continuing structural growth opportunities. At a macro level, we expect Europe and LATAM to offer more attractive scope in the near term with the US delivering over the medium and longer term as we advance industry penetration and grow our share through innovation.

“In the round we expect to deliver a full year trading profit of approximately €950m which would be 5% ahead of 2024. By year end 2025 we also expect to have delivered a 63% reduction in Group Green House Gas emissions relative to 2020 and to roll out an additional 100+ Planet Passionate initiatives, supporting our ongoing sustainability commitments, including sourcing 60% of Group energy requirements from renewable sources.”

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