Irish-headquartered insulation specialist Kingspan has reported a 5% increase in trading profit to €877 million for the year ended December 31st, 2023. Despite a marginal decline in revenue by 3% to €8.
1 billion, the company's earnings per share were up by 7%. The contraction in revenue was mainly due to the deflationary impact of raw material pricing. Kingspan also highlighted its progress in reducing greenhouse gas emissions by 65% through various projects.
Kingspan Trading Profit Revenue Earnings Per Share Greenhouse Gas Emissions
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: