Fact sheet
Kingspan is recognised throughout the construction industry for its commitment to innovation, design, quality and technical expertise.
Across a wide range of sectors within the industry, Kingspan’s integrated approach to building envelope solutions has made them first choice in meeting the specialist needs of architects, specifiers, developers and owners.
Operating on an International level Kingspan has manufacturing and distribution operations throughout Europe, the Far East and the United States. Kingspan products are designed to reduce capital costs and improve the quality and working environment in both new and refurbished buildings.
Many products can be integrated on the same project offering the client improved build speed, exceptional thermal performance and undisputed fire-safe construction.
Through its continued investment in research and development, its recognised commitment to quality and performance Kingspan confidently looks forward to a future of continued service to the construction industry world-wide.
History
1970 - 1980 The Group was founded in 1972 as a small family business by Eugene and Brendan Murtagh (both currently members of the Board of Directors). The Group was initially involved in the manufacture of metal cladding and roll formed structural sections. Later, Kingspan layered the foundations for its current full environmental offering.
CSR
A new CHP plant will provide on average up to 90% of the Pembridge plants annual electrical requirements and up to 40% of all heating needs. Kingspan Insulation has a target for 90% of waste leaving the site to be destined for recycling or re-use by 2009.
Financial results
Kingspan Group announced its preliminary results for the year ended 31 December 2009.
- Turnover €1,125.5mn (2008: €1,672.7mn), change -33%
- Operating profit €62.7mn (2008: €157.1mn*), change -60%
- Profit before tax €56.7mn (2008: €68.1mn) change -17%
- Basic earnings per share 28.7€cent (2008: 26.7€cent), change +7%
- Dividend per share for the year nil (2008: 8.0€cent)
- Interest cover (EBITDA/Net Interest) 9.4 times (2008: 14.6 times)
- Gearing ratio (net debt as % shareholders funds) 28.1% (2008: 57.7%)
* before non-trading items
Financials
Operating profit rose by 22% to €236.7mn and earnings per share by 23% to 110.5 cent, on the back of increased turnover of €1.86bn.
Shares in issue
171,269,951shares in issue at 31 December 2008
Listings
Kingspan is quoted on the Irish Stock Exchanges (Symbol: KSP:ISE).
Employees
Over 5,500 people are employed by Kingspan world-wide, including approximately 3,000 people in an operational or technical capacity.
Head office and registered office
Kingspan Group Plc
Dublin Road,
Kingscourt,
Co. Cavan.
Ireland.
Tel: +353 (0) 42 9698000
Fax: +353 (0) 42 9667501
E-mail: admin@kingspan.ie
