Kingspan Group PLC
24 May 2007
Kingspan Group plc
AGM Statement
24th May 2007
The Board is pleased to report that trading for the first four months of 2007
has shown good growth over the same period last year.
Kingspan's businesses in the UK, Western Europe, Central Europe, and the US are
all performing strongly, and despite the well anticipated tempering of the Irish
residential market, overall demand for Kingspan products is well ahead in
Ireland, reflecting the strength in the non-residential sector.
Order levels in the first four months of the year have been strong, and the
Board anticipates that the current momentum of the businesses will continue in
the immediate term. In the absence of any unforeseen circumstances the Group is
confident, given the strong performance in the first four months of the current
year, that operating profits for the year as a whole should grow in the region
of 20% over the figure of €194 million in 2006.
Eugene Murtagh
Chairman
Kingspan Group Plc
For further information contact:
Murray Consultants +353 (0)1 4980300
James Dunny
Buchanan Communications +44 (0)207 466 5000
Tim Thompson/Jeremy Garcia
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