for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Kingspan Group plc

KSP.I

Latest Trade

51.30EUR

Change

1.10(+2.19%)

Volume

247,954

Today's Range

49.90

 - 

51.30

52 Week Range

34.42

 - 

51.30

As of on the Irish Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Kingspan warns of fragile markets but sees FY trading profit in line

Nov 18 (Reuters) - Kingspan Group PLC <KSP.I>::SAYS SALES IN 9 MONTHS TO 30 SEPT. €3.43BN, UP 8% Y/Y.SAYS SALES GROWTH SLOWED TO 2% IN THE THIRD QUARTER.UNDERLYING SALES (PRE CURRENCY AND ACQUISITIONS) UP 2% IN THE YEAR TO DATE AND FLAT IN Q3.NET DEBT AT THE END OF SEPTEMBER €622.5M. NET DEBT AT YEAR END FORECAST IN REGION OF €700M.SAYS OUR END MARKETS ARE FRAGILE REFLECTING AN UNCERTAIN GLOBAL MACRO BACKDROP; MINDFUL OF THE DETERIORATION IN SENTIMENT IN SOME MARKETS MOST NOTABLY UK.SAYS DETERIORATION LIKELY TO INFLUENCE SALES ACTIVITY IN THE FIRST QUARTER OF 2020 AT LEAST.EXPECTS FY TRADING PROFIT OF C. €490M, OR GROWTH OF APPROXIMATELY 10% VERSUS 2018, AND IN LINE WITH CONSENSUS..

SIG To Sell Building Solutions To Kingspan Group

Oct 7 (Reuters) - SIG PLC <SHI.L>::PROPOSED SALE OF BUILDING SOLUTIONS.SIG PLC - PROPOSED DEAL FOR CONSIDERATION OF £37.5M ON A CASH FREE, DEBT FREE BASIS,.PROPOSED SALE OF BUILDING SOLUTIONS TO KINGSPAN GROUP FOR £37.5M.ENTERED INTO AN AGREEMENT FOR SALE OF BUILDING SOLUTIONS TO KINGSPAN GROUP.

INTERVIEW-Clouds on the horizon as Brexit weighs- Kingspan CEO

Aug 23 (Reuters) - Kingspan Group PLC <KSP.I>::KINGSPAN CEO SAYS THERE ARE A COUPLE OF CLOUDS ON THE HORIZON.KINGSPAN CEO SAYS COMPANY SEES NOTABLE LACK OF CONFIDENCE IN ADVANCING BORDER-LINE UK PROJECTS.KINGSPAN CEO SAYS THERE IS TANGIBLE EVIDENCE OF SLOWDOWN IN GERMANY AND UK.KINGSPAN CEO SAYS BREXIT PICTURE NO MORE CLEAR THAN THREE YEARS AGO.KINGSPAN CEO SAYS GROUP CONCERNED ABOUT OVERALL LEVEL OF BUILDING ACTIVITY IN UK, NOT CROSS-BORDER MOVEMENTS.

Kingspan half year revenue up 12% to 2.24 billion euro

Aug 23 (Reuters) - Kingspan Group PLC <KSP.I>::KINGSPAN H1 2019 REVENUE 2.24 BILLION EURO, UP 12% Y/Y.KINGSPAN H1 2019 TRADING PROFIT 230.4 MILLION, UP 18% Y/Y.KINGSPAN H1 2019 GROUP TRADING MARGIN 10.3%, UP 60 BASIS POINTS Y/Y.KINGSPAN H1 2019 NET DEBT 734.3 MILLION EURO.KINGSPAN H1 2019 NET DEBT TO EBITDA 1.31 TIMES VERSUS 1.59 TIMES H1 2018.KINGSPAN INTERIM DIVIDEND 13 CENT, UP 8% (H1 2018 12 CENT).

Kingspan has very healthy pipeline of potential acquisitions

May 3 (Reuters) - Recticel NV <RECT.BR>::KINGSPAN CEO SAYS HAS A VERY HEALTHY PIPELINE OF POTENTIAL ACQUISITIONS, COULD SPEND 400 TO 500 MILLION EUR A YEAR.KINGSPAN CEO SAYS AS LONG AS BREXIT UNCERTAINTY PREVAILS, SEES CONTINUED WEAKNESS IN UK ECONOMY.

Acquisitions help drive Kingspan Q1 sales up 18 pct y/y

May 3 (Reuters) - Kingspan Group PLC <KSP.I>::KINGSPAN - UNDERLYING SALES GROWTH REFLECTED STRONG VOLUMES PARTIALLY OFFSET BY DEFLATIONARY EFFECT OF LOWER RAW MATERIAL PRICE.KINGSPAN - Q1 SALES OF 1.06 BILLION EUR 18 PERCENT AHEAD Y/Y OR +17 PERCENT PRE-CURRENCY, +6 PERCENT PRE-CURRENCY AND ACQUISITIONS.KINGSPAN - UK SALES ACTIVITY WAS POSITIVE ALTHOUGH ORDER INTAKE IN INSULATED PANELS WAS RELATIVELY SUBDUED.KINGSPAN - SALES IN GROUP'S LARGEST DIVISION OF INSULATED PANELS UP 22 PERCENT Y/Y, INSULATION BOARDS SALES UP 12 PERCENT.KINGSPAN - BANK DEBT AT END-MARCH WAS BROADLY IN LINE WITH POSITION AT THE END OF 2018.KINGSPAN - ORDER INTAKE HAS BEEN GENERALLY ENCOURAGING SO FAR THIS YEAR, OVERALL AHEAD OF SAME POINT LAST YEAR.KINGSPAN - WHILST ANTICIPATE REASONABLY POSITIVE MOMENTUM THROUGH Q2, REMAIN EQUALLY MINDFUL OF UNFAVORABLE RHETORIC ON GLOBAL ECONOMY.

Kingspan Comments On Recticel's View On Its Offer

April 26 (Reuters) - Kingspan Group PLC <KSP.I>::STATEMENT RE RECTICEL NV/SA.NOTES STATEMENT FROM RECTICEL EARLIER ON FRIDAY.NOTE COMMENTS AND VIEWS EXPRESSED BY RECTICEL AND HAVE NOTHING FURTHER TO ADD.

Recticel Rejects Non-Binding "FF/I Offer" From Kingspan

April 26 (Reuters) - RECTICEL NV <RECT.BR>::BOARD OF DIRECTORS HAS UNANIMOUSLY DECIDED TO REJECT THE FF/I OFFER FROM KINGSPAN AS IT BELIEVES THAT IT IS NOT IN THE INTEREST OF ITS STAKEHOLDERS.RECTICEL WOULD REMAIN A LISTED ENTITY WITH A SIGNIFICANTLY REDUCED BUSINESS FOCUSING ON BEDDING AND AUTOMOTIVE ONLY WITH A SIGNIFICANTLY LOWER CONSOLIDATED REVENUE AND EBITDA.BOARD IS OF THE OPINION THAT THIS WOULD BE AN UNATTRACTIVE PROPOSITION FOR ITS SHAREHOLDERS AND EMPLOYEES GIVEN THE LACK OF SCALE, THE REDUCED STRATEGIC FIT, FINANCIAL FLEXIBILITY, EQUITY STORY AND SYNERGY POTENTIAL BETWEEN THE TWO REMAINING DIVISIONS.THE FF/I OFFER WOULD GIVE RISE TO SIGNIFICANT NEGATIVE TAX CONSEQUENCES, BOTH FOR RECTICEL AND, IN CASE OF A CAPITAL DISTRIBUTION, ITS SHAREHOLDERS.

Recticel Solicits Further Details Regarding Kingspan Offer

April 18 (Reuters) - RECTICEL NV <RECT.BR>::SAYS KINGSPAN PLC OFFER IS LACKING A NUMBER OF CRITICAL INFORMATION ITEMS TO ALLOW RECTICEL’S BOARD OF DIRECTORS TO MAKE AN INFORMED DECISION THEREON, IN LINE WITH ITS FIDUCIARY DUTIES.SUBMITTED TODAY A NUMBER OF QUESTIONS AND CLARIFICATION REQUESTS TO KINGSPAN PLC.

Recticel Receives Unsolicited Non-Binding Offer From Kingspan On Insulation And Flexible Foams Divisions

April 16 (Reuters) - RECTICEL NV <RECT.BR>::RECEIVED TODAY AN UNSOLICITED NON-BINDING OFFER FROM KINGSPAN GROUP PLC TO ACQUIRE RECTICEL'S INSULATION DIVISION AND FLEXIBLE FOAMS DIVISION.UNCERTAIN WHETHER PROPOSAL WILL RESULT IN AN AGREEMENT TO DIVEST ONE OR MORE DIVISIONS AND IF SO, WHETHER ANTI-TRUST CLEARANCE CAN BE OBTAINED.RECTICEL'S BOARD OF DIRECTORS WILL ANALYSE PROPOSAL IN LINE WITH ITS FIDUCIARY DUTY AND UPDATE MARKET..UNSOLICITED NON-BINDING OFFER FROM KINGSPAN GROUP PLC FOR AN ENTERPRISE VALUE OF EUR 700 MILLION ON A DEBT-FREE,CASH-FREE BASIS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up