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Kingspan retains 2026 FY profit guidance, sees growth of 28% in 2027

By Reuters News

Nov 9 (Reuters) -

  • KINGSPAN - GROUP SALES IN NINE MONTH PERIOD TO END-SEPT +10% TO €7.6 BILLION, Q3 SALES +16%

  • KINGSPAN - INSULATED BUILDING ENVELOPES SALES INCREASED BY 4% IN FIRST NINE MONTHS AND BY 8% IN THIRD QUARTER

  • KINGSPAN - ADVNSYS SALES IN THE FIRST NINE MONTHS WERE UP 41% AND UP BY 54% IN THE THIRD QUARTER WITH VERY STRONG DATA ACTIVITY

  • KINGSPAN - LOOK TOWARDS RAPID ACCELERATION IN ADVNSYS IN 2027, BACKLOG AND OPPORTUNITY PIPELINE CONTINUE TO DEVELOP VERY POSITIVELY

  • KINGSPAN - ADVNSYS ORDER INTAKE HAS BEEN VERY STRONG WITH YEAR-TO-DATE INTAKE TO THE END OF SEPTEMBER OF €2.7 BILLION, OVER DOUBLE THAT OF THE SAME PERIOD LAST YEAR

  • KINGSPAN - WHILST END-MARKETS HAVE THEIR OBVIOUS CHALLENGES THE GLOBAL BACKLOG IS AHEAD YEAR ON YEAR

  • KINGSPAN - CONTINUE TO EXPECT TO DELIVER A FULL YEAR TRADING PROFIT IN THE REGION OF €1.15 BILLION FOR CURRENT YEAR +20% VERSUS 2025

  • KINGSPAN - STRONG BACKLOG AND PIPELINE OUGHT TO SUPPORT A TRADING PROFIT IN THE REGION OF €1.47 BILLION IN 2027

Further company coverage: KSP.I

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