Kingspan expects higher earnings, sales up 13% to €1.32bn

For 2013, Kingspan's projected earnings is expected to be higher than previously projected at €118 million to €119 million against €117.8 million. The Irish building materials company expects a rise of around 10% in trading profit for the year. For the nine months ended September 2013, Kingspan registered a yearly growth of 13% in sales to €1.32 bllion. Despite a 3% drop in sales for insulation boards, there was an approximate 33% sales growth for insulation panels.
November 15, 2013

For 2013, 4567 Kingspan's projected earnings is expected to be higher than previously projected at €118 million to €119 million against €117.8 million.

The Irish building materials company expects a rise of around 10% in trading profit for the year. For the nine months ended September 2013, Kingspan registered a yearly growth of 13% in sales to €1.32 bllion. Despite a 3% drop in sales for insulation boards, there was an approximate 33% sales growth for insulation panels.

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