Kingspan Profit Up 6pc to €55.9m in First Half of 2013

Kingspan profit up

Kingspan profit up 6pc to €55.9m in the first half of 2013

Insulation and building solutions company Kingspan has reported a 6pc rise in trading profit to €55.9m on the back of a 13pc hike in revenue to €858.4m for the half year to 30 June 2013.

Chief executive Gene Murtagh described this as a “positive performance against a backdrop of weak European economic conditions and a tough winter across many regions.”

“Our strategy of positioning the company at the hub of conversion to lower energy buildings continues to enable us to build the business globally notwithstanding the external conditions,” he said.