Kingspan Group Shares Surge on Positive Outlook

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded10 Nov 2025

Publisherfeeds.acast.com ↗

Handlerec:2199003

Show notes

Kingspan Group shares surged over seven percent on November tenth, following the companys confirmation of its profit outlook for fiscal two thousand twenty-five and hints of continued growth into two thousand twenty-six. The Irish building materials firm reaffirmed its target of around nine hundred fifty million euros in trading profit for the current year, aligning with analysts expectations. Despite mixed markets, Kingspans order book grew five percent year-over-year, indicating positive momentum. The company plans to launch new roofing facilities in Oklahoma and Maryland in two thousand twenty-six, contributing modestly next year and significantly by two thousand twenty-seven. Kingspan is also considering an initial public offering for a twenty-five percent stake in its Advanced Building Systems unit to raise capital and expand operations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.