Summary Financials
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Revenue
€8.6bn
+6%
2023: €8.1bn
EBITDA2
€1.14bn
+7%
2023: €1.07bn
Trading Profit1
€907m
+3%
2023: €877m
Trading Margin3
10.5%
-30 bps
2023: 10.8%
Profit After Tax
€691m
+6%
2023: €654m
EPS
365.2c
+4%
2023: 352.3c
1. Earnings before finance costs, income taxes, depreciation and amortisation
2. Operating profit before amortisation of intangibles
3. Trading profit divided by total revenue
Our Impact
As climate change intensifies, urgent action is critical. Buildings and construction account for 37% of energy-related emissions globally.
Kingspan’s mission is to accelerate a net zero emissions built environment with people and planet at its heart. Through the Completing the Envelope strategy we offer customers a wider range of high-performance building envelope solutions which deliver energy efficient, lower embodied carbon buildings and can also generate renewable energy.
Energy efficient
172m
172m tonnes of CO2e will be saved over the life of our insulation systems sold in 2024
Enough to power a major airline for over 11 years
Note: Assumes 60 year product life; based on an EU airline disclosure of
over 15.4m tonnes of CO2e emissions for 12 months to March 2024
conserved water
44.1bn
Over 44.1bn litres of rainwater will be harvested by our systems produced in 2024
Enough water to fill over 550m baths
Note: Assumes a 20 year product life
recycled material
1.1bn
In 2024 alone, we recycled 1.1 billion waste plastic bottles
Enough recycled bottles to circle the Earth over five times
Note: Equivalent number of PET bottles by weight
natural daylight
3.8bn
Our daylighting systems sold in 2024 create 3.8 billion lumens of natural light annually
Enough to light up 470k homes
Note: Assumes 10 x 60W bulbs per home
Download the full 2024 Annual Report
Download Full Annual Report
Crystal Bridges Museum
of American Art
Arkansas, US
Insulated Panels
Morin Pulse Panels
New LEC products, natural materials and PowerPanel® innovations position us at the vanguard of energy efficient building envelope solutions. Advances in glycolysis processes, accelerating the circularity of our industry will further develop our future proposition.
Gene Murtagh
Chief Executive Officer
Malmö Docks
Sweden
Insulation
Kooltherm® K15C;
Kooltherm® K20
Our Strategy
Kingspan’s mission is to accelerate a net zero emissions built environment. Through our Completing the Envelope strategy we offer customers a wide range of high-performance building envelope solutions which deliver energy efficient, lower embodied carbon buildings and can also generate renewable energy.
Sister Lillian Murphy
Community Housing
California, USA
Insulated Panels
Morin Integrity S-16
wall panel system
What we do
Building on our position as both the global leader in insulated panel and high-performance insulation, we have developed a leading building envelope solutions business.
Complementing our leading position in insulation, we offer a wider range of building envelope solutions with energy efficiency at their core, including:
Roofing + Waterproofing
Leveraging our position as a market leader in the manufacture of high-performance flat roof insulation we have established a c.€1bn presence in the built-up roofing market in which insulation represents the single largest value component.
Kingspan Light, Air + Water
Complementing our high performance insulated panel building envelope solutions, Kingspan Light, Air + Water provides integrated solutions for optimising natural daylight, increasing natural air flow and ventilation, and managing heat and smoke in the event of a fire.
Technical Insulation
Kingspan is a global supplier of pre-insulated pipe systems for district heating and manufactures innovative, high-performance products in both piping insulation and ducting insulation.
Data Solutions
We are the leading global provider of innovative solutions in the data sector. Our factory-built products offer rapid deployment, consistent world class quality and adaptability for a range of energy efficient cooling solutions.
Greenhill School
Valdes STEM +
Innovation Centre
Texas, USA
Data Solutions
ConCore®1250;
ConCore®1550;
ConCore®2000 raised
access floor panels
The Lower Embodied Carbon Envelope
Kingspan’s product suite is uniquely positioned to deliver an energy efficient, lower embodied carbon building envelope which can also generate renewable energy.
How do we compare
Compared to our peers, we provide a much more comprehensive suite of solutions across the building envelope.
Building Envelope Solutions
Kingspan | Peer 1 | Peer 2 | Peer 3 | Peer 4 | Peer 5 | Peer 6 | |
Insulated panel | ✓ | ✓ | ✓ | ✓ | |||
Roof lighting | ✓ | ||||||
Wall lighting | ✓ | ||||||
Integrated roof systems | ✓ | ✓ | ✓ | ✓ | |||
Integrated solar roofing panel | ✓ |
Complementary Products
Kingspan | Peer 1 | Peer 2 | Peer 3 | Peer 4 | Peer 5 | Peer 6 | |
Water Management | ✓ | ||||||
District Heating | ✓ | ||||||
Flooring | ✓ |
Insulation Manufacturing
Kingspan | Peer 1 | Peer 2 | Peer 3 | Peer 4 | Peer 5 | |
QuadCore® | ✓ | |||||
Optim-R® | ✓ | ✓ | ✓ | |||
Phenolic | ✓ | |||||
Hemp | ✓ | |||||
Wood | ✓ | ✓ | ✓ | |||
Mineral Fibre | ✓ | ✓ | ✓ | ✓ | ✓ | |
XPS | ✓ | ✓ | ✓ | ✓ | ||
EPS | ✓ | ✓ | ✓ | |||
PIR | ✓ | ✓ | ✓ |
Full spectrum of solutions for all applications
Increasingly prescriptive regulations place added emphasis on multiple insulation solutions. Kingspan offers by some distance, the widest array of products and solutions.
These applications include, but are not limited to:
Thermal
Return on Investment
Space
Walkability
Fire
Compression
Acoustics
Price
Speed
Bio-Based or Recycled Content
