Trading Statement

Kingspan Group PLC
18 December 2006



Kingspan Group plc

Trading update

18th December 2006


Kingspan Group plc, a leading manufacturer of an integrated range of products
for the construction industry, announces the following trading update in advance
of its preliminary results for the 12 months to December 2006, which will be
announced on Monday 5th March 2007.

Having achieved strong double-digit growth in the first half of 2006, momentum
throughout the Group has continued, with operating profit for the year as a
whole expected to grow by approximately 33%.  Strong underlying markets, a
contribution from acquisitions and a favourable material pricing environment
contributed to the performance.

Net debt at year end is expected to be approximately €160mn, after €60mn in
capital expenditure and an acquisition spend of €85mn on nine deals which have
combined annualised sales of over €100mn.  In line with Kingspan's proven model,
many of these acquisitions are effectively substituting for capital expenditure,
thereby supporting further organic growth by strengthening the Group's
geographic reach, as well as bolstering the range of solutions that can be
offered to both the residential and non-residential sectors.

Organic growth was achieved across all products. In particular, the Insulated
Panels business led much of the advance, through both continued conversion in UK
/Ireland and greater rollout of the products in Central and Eastern Europe. The
Insulated Panels manufacturing capability has been extended eastwards to Turkey
with the acquisition of a 51% stake in a local producer, which will enhance the
reach of the Kingspan brand in the region. In anticipation of increasing
environmental awareness, the Group has also made its first move into the North
American market with an acquisition in Canada. As already announced in the
interim results, the division purchased a controlling stake in a manufacturing
facility in Australia, where the insurance industry is demanding more FireSafe
(R) building materials.

Insulation Boards experienced significant unit growth in Ireland, and low single
digit growth in the UK and Continental Europe.  Access Floors performed well on
both sides of the Atlantic, while Offsite and Structural performed well in both
the UK and Ireland.  Environmental Containers grew largely as a result of
increased penetration of unvented cylinders in the UK.

Kingspan continues to be successful in anticipating the changing trends in
building methodologies, which underpins strong demand for its products. This
coupled with continued strength in its key geographic markets should offset any
potential moderation in activity levels in the Irish construction market and
current upward pressure in raw material prices. Overall, management expects
another year of progress in 2007.



For further information contact:

Murray Consultants                                   [phone]
James Dunny

Buchanan Communications                              [phone]
Tim Thompson/Jeremy Garcia





                      This information is provided by RNS
            The company news service from the London Stock Exchange