Summary Financials

7%

Revenue
Up 7% to €9.2bn (pre-currency, up 9%).

5%

Trading profit1
Up 5% to €955m, (up 8% pre-currency).

8%

Acquisitions
contributed 8% to sales growth and 6% to trading profit growth.

4%

Profit after tax
Up 4% to €716m (2024: €691m).

370c

Basic EPS
Up 1.3% to 370 cent. Diluted EPS up 1.4% to 367 cent.

55.5c

Final dividend per share of 29.2 cent (2024: 28.5 cent) giving a total dividend for the year of 55.5 cent (2024: 54.8 cent).

€429.3m

Strong free cash generation of €429.3m (2024: €509.4m).

23.5%

Scope 1 and 2 GHG
emissions reduction
from 2024 to 2025.

16.0%

Effective tax rate of 16.0% (2024: 17.0%).

€1,884m

Year end net debt2 of €1,883.6m (2024: €1,573.0m). Net debt to EBITDA3 of 1.65x (2024: 1.47x).

 
1. Operating profit before amortisation of intangibles.
2. Net debt pre-IFRS 16 per banking covenants.
3. Net debt to EBITDA ratio is pre-IFRS 16 per banking covenants.

Our Impact

Ultra Energy Efficient

219M

219 million tonnes of CO2e will be saved over the life of our insulation systems sold in 2025

Enough to power a major airline for over 11 years

Assumes 60 year product life; based on an EU airline disclosure of over 20.1m tonnes of CO2e emissions for 12 months to March 2025.

Recycled and Renewable Materials

1.05M

We used 1.05 million tonnes of recycled and renewable content in the raw materials used to manufacture our products

Comparable to the municipal waste produced by a city of c.2m people

Assumes c.0.5 tonnes per person pa, OECD average.

Conserved Water

39.8BN

Over 39 billion litres of rainwater will be harvested by our tanks produced in 2025

Enough water to fill nearly 16,000 Olympic swimming pools

Assumes a 20 year product life.

Natural Daylight

3.3BN

Our daylighting systems sold in 2025 create 3.3 billion lumens of natural light annually

Enough to light up over 400k homes

Assumes 10 x 60W bulbs per home.

Explore the Annual Report

Global

CASA CLV
Cajamar, São Paulo
Insulated Building Envelopes
Isofachada panel
Photography: Manuel Sá

2025 marked another year of global expansion, with the Group’s manufacturing footprint increasing to 278 sites.

 

Revenue Growth

A decade of growing global revenues

We have significantly grown our geographic base over the past 10 years, diversifying into markets 
which offer considerable future growth opportunities through converting to high-performance building envelope solutions.

Global Expansion in 2025

Insulated Building Envelopes

We have further progressed our bolt-on strategy at Insulated Building Envelopes with new plants either underway or recently completed in the US, Paraguay, Germany, Czechia, Romania, India, Thailand, Australia and New Zealand. The largest of these is a vast multi-solution Roofing and Insulation facility in Oklahoma, US. This plant is already at certification phase, and marks our scale entry into an attractive growth category in the North American building envelope market.

Other complementary facilities are also underway with combined revenue potential of over $500m over the next number of years.

Advnsys

Similarly in Advnsys, the execution of the bolt-on approach stepped up during 2025 with the addition of Fabtek in Vietnam and RXL in the US, a data solutions player in California, now expanding rapidly with a significant new plant in Texas. We anticipate similar developments in LATAM and in the Middle East shortly. In the US, the organic brownfield approach we have successfully adopted in Virginia and Arkansas will be complemented by a plant in Kentucky which will be larger than both of those combined. This will begin production in the second half of 2026 and, when at maximum output, will have annual revenue potential of approximately $600m to support the data sector.

 

PUHINUI TRAIN STATION
Auckland, New Zealand
Insulated Building Envelopes
KingZip Standing Seam
Photography: Simon Wilson

Kingspan plans significant further global organic expansion over the coming years.

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If you would like to discover more about what we’re doing across our business, explore our strategic pillars