Kingspan flags materials concerns despite profit and revenue jump

By Jordan Marshall2021-08-20T07:50:00

Firm’s pre-tax profit up 67% on 2020

Profit and revenue at Kingspan both grew in the first half of 2021 despite the pressure caused by materials shortages and price inflation, the firm’s latest financial results show.

Pre-tax profit grew by 67% compared to the same period last year, with the firm posting a profit of €297m (£157m) in the first half of this year, down from €178m (£157m) in 2020.

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