2024 at a glance

Summary Financials

Download Summary Financials

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

Strategic Pillar

Completing the Envelope

Sister Lillian Murphy
Community Housing
California, USA

Insulated Panels
Morin Integrity S-16
wall panel system

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.

 

base quadcore energy kilon tate multichannel rmg technical insulation powerpanel bio derbicoat
water-energy

QuadCore LEC®

48%1 recycled content

16%1,3 less embodied carbon

multiwall

Water & Energy

Rainwater harvesting solutions

multiwall

Kilon LEC Multiwall®

50% recycled content

36%3 less embodied carbon

tate

Tate Grid+ LEC

61%3 less embodied carbon

Multichannel

Multichannel LEC®

75% recycled content

63%3 less embodied carbon

RMG

RMG 600+

80% recycled content

57%3 less embodied carbon

Technical Insulation

Technical Insulation

Powerpanel

Powerpanel®

biobased

HemKor®

80% bio-based content

biobased

Wood Fibre Insulation

80%+ bio-based content


Bio-based Building Materials

- Wood Fibre Insulation

- Wood Based Structures

derbicoat

Derbicoat® NT (base sheet)

30% recycled content

5000kg CO2e savings2

  1. 100mm panel
  2. 5,000m2 roof
  3. Across lifecycle modules A–C
envelope
1

Kilon LEC Multiwall®

multiwall

50% recycled content

36%3 less embodied carbon

2

QuadCore LEC®

water-energy

48%1 recycled content

16%1,3 less embodied carbon

3

Water & Energy

water & energy

Rainwater harvesting solutions

4

Multichannel LEC®

Multichannel

75% recycled content

63%3 less embodied carbon

5

Tate Grid+ LEC

multiwall

61%3 less embodied carbon

6

RMG 600+®

multiwall

80% recycled content

57%3 less embodied carbon

7

Derbicoat® NG (Base Sheet)

derbicoat

30% recycled content

5000kg CO2e savings2

8

Bio-based Building Materials

Wood fibre insulation

Wood based structures


biobased

HemKor®

80% bio-based content

biobased

Wood Fibre Insulation

80%+ bio-based content

9

PowerPanel®

Powerpanel
10

Technical Insulation

Technical Insulation
  1. 100mm panel
  2. 5,000m2 roof
  3. Across lifecycle modules A–C

Our Mission



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.

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.

Roofing + Waterproofing

Leveraging our position as a market leader in the manufacturer 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.

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

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.

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Our business model and strategic pillars enable the ongoing conversion to high-performance building envelopes from outdated and inefficient methods of construction.