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Kingspan GrpOrd EUR0.13(CDI) (KGP)

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19-Apr-2021 07:59 AM

Kingspan positive on Q2 performance after sales rise 24% in Q1

Building insulation group Kingspan said its outlook for the second quarter was positive after reporting a rise in first-quarter sales as orders increased. For the first quarter, sales rose 24% to €1.28 billion year-on-year, led by strong sales in ma
19-Feb-2021 04:43 PM

FTSE 100 makes slight gains heading into the weekend as sterling hits $1.40

The FTSE 100 closed up 0.1% at 6,624.02 on Friday despite a currency headwind to its dominant overseas earnings as sterling hit the $1.40 mark By 4.30pm UK time the S&P 500 was up 0.4% to 3,928.94, clawing back a good chunk of yesterday's losses. N
16-Nov-2020 07:58 AM

Kingspan sales slip in year to date; expects to turn profit for the year

Insulation and building envelope solutions group Kingspan said it expected to deliver a trading profit for the year, even as sales in the nine months through September fell 5%. Sales in the nine month period to 30 September were €3.27bn, though sale
24-Aug-2020 08:50 AM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today reaffirms its underweight investment rating on Kingspan Group PLC (LON:KGP) and raised its price target to 5800p (from 4800p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
21-Aug-2020 08:43 AM

Kingspan pulls dividend as first-half profit falls on lower revenue

Insulation solutions company Kingspan pulled its interim dividend after first-half profit fell as a pandemic-led slip in sales of insulated products weighed on performance. For the six-month period ended 30 June 2020, pre-tax profit slipped to €1
13-Jul-2020 08:30 AM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today reaffirms its underweight investment rating on Kingspan Group PLC (LON:KGP) and raised its price target to 4800p (from 4200p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-May-2020 08:10 AM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today downgrades its investment rating on Kingspan Group PLC (LON:KGP) to underweight (from equal weight). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
19-May-2020 08:20 AM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today reaffirms its equal weight investment rating on Kingspan Group PLC (LON:KGP) and cut its price target to 4200p (from 5800p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
25-Feb-2020 12:30 PM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today reaffirms its equal weight investment rating on Kingspan Group PLC (LON:KGP) and raised its price target to 5800p (from 4500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
21-Feb-2020 07:50 AM

Kingspan profit rises on insulation sales; has slow start to 2020

Building insulation provider Kingspan reported a rise in annual profit on higher sales, though it warned 2020 had gotten off to a slow start amid an uncertain economic outlook in its end markets. For the year ended 31 December 2019, pre-tax profit rose t
19-Nov-2019 12:10 PM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today reaffirms its equal weight investment rating on Kingspan Group PLC (LON:KGP) and raised its price target to 4500p (from 4100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Nov-2019 09:07 AM

Kingspan sales rise, but macro uncertainty likely to weigh on growth

Kingspan said sales rose 8% in the nine months to September, but the insulation supplier warned that an uncertain macro backdrop would hurt sales growth in the first quarter of 2020. For the nine months to 30 September 2019, sales rose 8% to €3.43bn
29-Aug-2019 08:10 AM

Broker Forecast - Barclays Capital issues a broker note on Kingspan Group PLC

Barclays Capital today reaffirms its equal weight investment rating on Kingspan Group PLC (LON:KGP) and cut its price target to 4100p (from 4500p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
23-Aug-2019 08:53 AM

Kingspan profits tick up in H1 on record revenues

Insulation provider Kingspan reported a rise in profits as revenues rose to record levels. For the six months to 30 June, pre-tax profit rose to €208.9m from €177.6m a year earlier and revenue revenue rose 12% to €2.2bn, with trading pro
03-May-2019 01:54 PM

Kingspan sales rise 18% in first quarter

Insulation and building envelop supplier Kingspan Group said its sales had risen 18% in the first quarter. Sales for the three months through March rose to €1.06bn, which represented growth of 6% on a constant currency and organic basis. 'Unde
03-May-2019 09:17 AM

Kingspan revenues up 18% in Q1 amid growth in orders

Kingspan Group said it had 'positive start' to the year as revenues grew by nearly a fifth in the first quarter bolstered by growth in orders. Group sales jumped 18% to €1.06bn for the three-month period to 31 March from prior year. &ap
22-Feb-2019 09:04 AM

Kingspan profits rise on strong demand for insulated panels

Kingspan said Friday annual profit rose sharply on strong demand for insulated panels. For the year ended 31 December, profit before tax rose to 16.8% to €404.9m and revenue was up 19% to €4.4bn. Insulated Panels sales grew 21% amid strong act
12-Nov-2018 02:35 PM

Kingspan sees annual trading profit rising 15%

Insulation supplier Kingspan Group said it expected to deliver full-year profit growth of around 15% after sales rose in the third quarter. Revenue for the three months through September jumped 24%, boosted by acquisitions. Underlying sales, which strip
24-Aug-2018 08:58 AM

Kingspan profits jump amid record first-half revenue

Insulation and building solutions company Kingspan said Friday its 'record' first-performance was helped by improved momentum in the second quarter after a prolonged winter hampered progress earlier in the year. For the six months to 30 June,
23-Feb-2018 09:48 AM

Kingspan profit grows despite rising input costs

Kingspan reproted trading profit grew by 10.7% to €377.5m in 2017 with revenue up 18% to €3.67bn . The uptick in profit comes despite increased input cost as raw material inflation was said to be key theme during the year. The group reported
15-Dec-2017 02:30 PM

Kingspan to acquire Synthesia for €250m

Kingspan Group has confirmed that it has entered into an agreement relating to the acquisition of Synthesia for €250m, inclusive of debt. The Company said this will be satisfied in cash and by the assumption of debt, with €30m of the considerat
13-Nov-2017 09:37 AM

Kingspan sales rise

Kingspan's sales in the nine months to the end of September totalled €2.69bn, up 19% on a year ago (+21% pre currency). Sales in the third quarter were up 17% (+20% pre currency). Underlying sales, pre currency and acquisitions, were up 11%
27-Sep-2017 07:31 AM

Kingspan acquires 51% of Isoeste

Kingspan, a global leader in high performance insulation and building envelope solutions, has acquired 51% of Isoeste Construtivos Isotermicos. Isoeste is the leading insulated panel manufacturer in Brazil, operating from four sites with approximately 6
22-Aug-2017 09:00 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Kingspan Group PLC

JP Morgan Cazenove today reaffirms its overweight investment rating on Kingspan Group PLC (LON:KGP) and set its price target at 34p. Story provided by StockMarketWire.com...
18-Aug-2017 08:49 AM

FTSE falls after Barcelona terror attack

The FTSE 100 fell 0.62% to 7,342.42 on Friday morning following Thursday's terror attack in Barcelona, which hurt US and Asia stocks overnight. Shares price falls were witnessed across the travel sector, with EasyJet (EZJ) down 3.23% to 1,259p and I

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