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
Strategic Pillar
Global
Istanbul Grand Airport
Turkey
Insulated Panels
QuadCore® Evolution
facade panels
Kingspan is a truly global business, trading in over 80 countries with manufacturing sites across the globe.
We aim to continue expanding globally to bring high-performance building envelope solutions to markets which are at an earlier stage in their evolution to sustainable and efficient methods of construction.
Full spectrum of insulation solutions
Kingspan’s entry into the stonewool market, with the Kingspan Envertek® brand, alongside our leadership position in high performance products and investment in wood fibre insulation further expands the Group’s unrivalled spectrum of insulation solutions.
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.
Queen’s Business School
Belfast, UK
Insulation
Kooltherm® K8 Cavity
Board; Kingspan
GreenGuard® GG300
Expansion
We continued our global expansion in 2024
We continue our global expansion strategy with investment in new production facilities in France, Germany, Belgium, Poland, the Czech Republic, Romania, Saudi Arabia, Thailand, Vietnam, Indonesia, New Zealand, Australia, Paraguay, Brazil and the US.
We have made progress on our plans to invest in a Building Technology Campus in Lviv, Ukraine. These investments lay the foundations for future growth and product penetration for Kingspan.
New insulated panel markets include:
Global Expansion
Kingspan plans significant further global organic expansion over the coming years.
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