Kingspan's sales climb to over €1.1bn

Published:  15 November, 2011

CAVAN: Insulation specialist Kingspan has seen sales rise to €1.14bn  for the nine months to the end of September, a 30% year-on-year increase.

Kingspan is confident that it will achieve full-year profits of between €82m  and €85m, up on the €67.4m  achieved in 2010.

However the group sounded a cautionary note, warning that "the threat of markets retreating" in 2012 remained a real possibility.

The group said that construction markets remained very weak with activity levels in the US and UK markets down by some 50% on a 20-year average.

Kingspan said UK activity levels had remained "resilient overall".

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.