August 24, 2018 / 6:41 AM / 3 months ago

Kingspan CEO says sees FY consensus improving on H1 results

DUBLIN, Aug 24 (Reuters) - Kingspan Group Plc CEO Gene Murtagh:

- SAYS WOULD EXPECT FY CONSENSUS FORECAST TO MOVE UP SLIGHTLY OVER THE COURSE OF THIS MORNING

- SAYS UK ACTIVITY HAS IMRPVOED SIGNIFICANTLY SINCE Q1 IN NON-RESIDENTIAL SECTOR; SAYS ‘BREXIT AGNOSTIC’ PROJECTS LIKE ONLINE RETAIL ARE CARRYING ON REGARDLESS

- SAYS NOT MUCH EXCITEMENT IN UK MARKET, BUT WOULDN’T SAY THAT ANY SEGMENT HAS BEEN ‘TANGIBLY HIT’ AS A RESULT OF BREXIT; ON INDUSTRIAL SIDE SOME PROJECTS HAVE BEEN PUT ON HOLD, BUT MARKET ON THE WHOLE HAS BEEN ‘REASONABLY STEADY’

- KINGSPAN CEO SEES ‘REASONABLY STRONG’ H2 IN N.AMERICA; BRAZIL AND COLOMBIA GOING EXCEPTIONALY WELL; MAINLAND EUROPE MIXED BUT GERMANY, FRANCE STRONG

- KINGSPAN CEO SAYS SPANISH ACQUISITION HAS BEEN INTEGRATING ‘EXCEPTIONALLY WELL’ (Reporting by Conor Humphries)

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