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Pre-Close Statement

20 Jun 2022 07:00

RNS Number : 3867P
Kingspan Group PLC
20 June 2022
 

Kingspan Group plc

Pre-Close Statement

 

Inside Information

 

20 June 2022

 

Kingspan will report its results for the first half of the year on 19 August and we expect to report a record H1 2022 trading profit in the region of €415m, strongly ahead of the €329m reported for the first half of 2021.

We have seen the mood in most end markets deteriorate over the last two months with order intake volume down significantly on the May and June period in 2021 although ahead versus the same period in 2019. Our global backlog of orders on hand in Insulated Panels is down 2% in volume at the end of May having been 19% ahead at the end of March.

Kingspan is positioned strongly overall for medium term and beyond given the global focus on energy efficiency, our high performance product suite, our distinctive Planet Passionate agenda and diversity of our end markets.

For further information contact:

 

Kingspan +353 42 9698000

Lorcan Dowd, Group Company Secretary

 

Murray Consultants +353 1 4980300

Douglas Keatinge

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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