Kingspan reporting “record” levels of revenue growth in first half of 2019

Kingspan is reporting “record” levels of revenue growth in the first half of 2019.

However, CEO Gene Murtagh said they are closely monitoring political uncertainty in the UK and the weaker German economy.

Revenue in all business units is up 12 per cent compared to the first half of 2018, sitting at 2.2 billion euro, with trading profits also up 18 per cent.

In the half year report, the insulation giant also gave an update on its Net Zero Energy objective, saying it is on target for its 2020 goals and has set internal targets to continue that growth over the next 10 years.