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Kingspan reports good first quarter of 2025

May 5, 2025 09:11
By News Northern Sound
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Kingspan reports good first quarter of 2025

Whilst sales in the US have been understandably slow, order intake has been very strong, with the US orderbook currently at record levels.

Local company Kingspan has reported a good first quarter of 2025 despite a sluggish start to the year due mainly to seasonal factors.
Group sales were €2.1bn for the three month period to the 31st March and were 9% ahead of last year.
Europe overall recorded sales growth with reasonable activity in general.

Whilst sales in the US have been understandably slow, order intake has been very strong, with the US orderbook currently at record levels.
Sales of insulation panels and insulation were both up by 4%.
Overall Kingspan say they expect to deliver overall trading profit growth in the first half of quarter 2 of this year

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