Kingspan sales up 15% as margins face squeeze in H1 2018

摘要

Kingscourt, Ireland - Sales at insulated panel company Kingspan were up 15% to €2bn, and trading profit was up 10% to € 195.6m in the first half of 2018. But sales growth has slowed, and margins have shrunk at the Irish insulated panel maker. Sales grew by 19% in first half 2016 and 2017, and in the first half of 2017, margins were 10.2%. In the 2016 half, they were 11.4%, and this half year, margins were 9.7%.