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REFILE-BRIEF-Kingspan CEO sees little Brexit impact, FY at least in line with consensus
August 18, 2017 / 6:38 AM / a month ago

REFILE-BRIEF-Kingspan CEO sees little Brexit impact, FY at least in line with consensus

(Fixes typo)

Aug 18 (Reuters) - Kingspan Chief Executive Gene Murtagh:

* says has seen “no measurable impact” from Brexit on UK business, says “was not a market that had overheated ahead of Brexit”

* says only sign of Brexit impact is a small deterioration in planned office projects in London; impact on high-end London residential “something that may come down the track”

* says no tangible impact from Grenfell Tower disaster on sector, sees logical debate about improving regulation

* says sees continuing impact of cost inflation on business in coming months. “If anything that price dimension of our business becomes more pronounced in the second six months.”

* says “expects to deliver a full-year result at least in line with consensus”

* Speaking to Reuters after publication of reporting H1 trading profit up 6% to €177.8m Further company coverage: (Reporting By Conor Humphries)

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