Summary Financials

Full Report
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.

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Innovation

BROWNS SHOES
DISTRIBUTION CENTRE
Montreal, Canada
Insulated Building Envelopes
QuadCore® KS Series;
QuadCore® Karrier Wall panel

Kingspan’s innovation agenda is driven across four key themes – performance, solutions, sustainability and digitalisation.

We have a rigorous focus on iterative performance improvements in our current portfolio including characteristics relating to thermal, structural, sustainability, fire and smoke. We innovate solutions to enable architects and building designers to create sustainable buildings, such as our integrated insulated panel with solar-PV, PowerPanel®. We are on a pathway to embrace the opportunity that AI presents to the organisation. We are also progressively surfacing our products digitally, making it easier to find, specify, buy and track them.

Strategic highlights

  • The launch of PowerPanel® 2.0 marked a key development in this segment and a significant engineering milestone, integrating our QuadCore® insulated panel with solar technology to deliver a single-fix system that combines high-performance insulation with renewable energy generation.
  • Our Innovation and Planet Passionate teams worked in partnership to take significant steps forward in the development of LEC alternatives across our portfolios. In 2025, we brought 18 new LEC products to market including: Topdek LEC, Evolution LEC, Ecofil Premium LEC and HAC LEC.
  • Advnsys has continued to develop our HAC systems with modular solutions integrating liquid cooling, electrical infrastructure and air handling capabilities.

Assured Warranty

Structural and thermal performance of the QuadCore® panel covered for up to 25 years. The external coating is warrantied for up to 40 years.

25 years

The PV module covered for up to 25 years and up to 30 year linear power warranty.

Strategic Focus Areas

Integrated Building and Energy Solutions

  • PowerPanel® commercial launch: part of a broader solar roadmap for new build and retrofit. Tested and approved to FM4478;
  • PowerPlus KS1000RW: tested and approved to FM4478;
  • PowerCanopy: testing complete to FM4480 with certification programme underway;
  • PowerPlus KS1000TD: certification programme underway to FM4478;
  • Solar integrated standing seam panel for the US: development and certification testing in progress;
  • OneDek® insulated roof deck assemblies: expansion to tapered roof systems. Tested and approved to FM4470 and FM4471; and
  • LiteVault® continuous rooflight system: daylighting integrated with high-performance envelopes.

BICYCLE PARKING STATION
Dordrecht, Netherlands
Advnsys
BA-4 Glass Roofs with integrated BIPV Photography: Rindert van der Toren

Circularity and end-of-life

  • Takeback schemes and recovery
    infrastructure build-out;
  • Kingspan Light Air Water RECOVR® Centre: consolidation of collection and processing capability;
  • Evaluation of mechanical and chemical recycling
    routes: pilots with market partners;
  • Novitumen® technology: circular bitumen material made from 100% recycled bitumen recovered from demolition roofs, production waste, and offcuts, enabling the creation of high-performance membranes; and
  • Research programmes addressing recycling of legacy materials and products.

Next generation core technologies and performance leadership

  • QuadCore® platform evolution: enhanced fire resistance, reduced calorific contribution, and clean room classification pathway (FM4882);
  • QuadCore® 2.0: continued rPET geographic roll out;
  • Next generation Kooltherm®: improved insulation values, fire performance and lower GWP;
  • InnovaCELLTM (North America): pathways to lower embodied carbon, with testing to regional fire standards (such as, ASTM E119 / CAN ULC S101, with DM40 F+ targeting 60 minute rating);
  • AlphaCore® and Optim-R® E: advanced thermal performance options; and
  • Fire Engineering Research Centre: UKAS ISO17025 accreditation expected in 2026.

SPARKASSEN ARENA
Bernau, Germany
Advnsys
Expanded metal

Digitalisation and customer experience

We are also advancing digital tools and services that support these priorities and improve the customer experience.

  • Enhanced tools to find, specify, purchase and track solutions, improving speed of compliant design and on-site lifecycle insight.
If you would like to discover more about what we’re doing across our business, explore our strategic pillars

Planet Passionate

Innovation

Global

Completing the Envelope