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

Our Values

ER INGENIERÍA OFFICE
Albacete, Spain
Insulated Building Envelopes
THU Lama Multipanel; Lama Italia suspended ceiling systems

Strategic Pillars

Our strategic goals are aligned with our mission to accelerate a net zero emissions built 
environment with people and planet at its heart.

 

To advance materials, building systems and digital technologies to address issues such as climate change, circularity and the protection of our natural world.

To be the world’s leading provider of low-energy building envelopes and critical infrastructure solutions, enabling energy efficiency and performance across buildings.

To expand globally, bringing high-performance building envelope solutions to markets which are at an earlier stage in the evolution of sustainable and efficient building methods.

UNIVERSITY OF GLOUCESTERSHIRE CITY CAMPUS
Gloucestershire, UK
Insulated Building Envelopes
Thermataper TT47 roof insulation

Our belief

Historically, construction has taken from nature 
with little consideration given to the finite resources available.

Buildings were constructed without contemplating how they might impact future generations. We believe that buildings now and into the future need to deliver more than ever before. They must combat climate change by maximising energy efficiency through superior thermal performance while incorporating products that are lower in embodied carbon across their entire lifecycle.

Using less energy is not enough; buildings should generate their own energy too. Buildings should be healthy and inspirational, optimising the benefits of daylight and clean air. They should be designed, constructed and operated to protect natural resources and conserve water as much as possible. Above all they must be safe, protecting people and property from fire and other natural hazards.

MOBIL HOME
Venansault, France
Insulated Building Envelopes
JI 45-333-1000 roofing sheet; JI 56-225-900 steel deck; JI Z140 Z-purlins; JI SF Wall 1000 panel; JI Grégale 300 facade; JI 10-100-1100 steel profiles; JI 35-207-1035 wall sheet

Our culture and values

Kingspan has grown from a family business and many of the values associated with family businesses form the backbone of our culture today.

The business has been built on trust in the integrity of our people and of our offering. We value this trust and recognise it as being fundamental to our ongoing success. We are entrepreneurial, collaborative, honest, and we stand behind a common cause – better buildings for a better world.

We are innovative.
We are the market leader in the field of high-performance building envelope solutions, which ensure lifetime carbon and resource savings. We have gained this position through a creative and solutions driven mindset, which continues to inform our innovation agenda today.

We think long-term.
The strategy of the business is driven by long-term ambitions and not by quarterly performance. The success of this strategy can be seen in our long-term growth. This ethos is apparent in our multi-year commitments such as our Planet Passionate programme which will drive real, positive impact for the environment and forms a common global goal across the business.

Our People Passionate programme continues to advance across the business, supporting the development and retention of our most important resource, our people.

PEDRO & SONS AUTO WORKS
Cádiz, Spain
Insulated Building Envelopes
Teczone TZ-30 trapezoidal profiled sheeting

Code of Conduct

Kingspan expects the highest standards of integrity, honesty and compliance with laws and regulations from our employees, our directors and our partners, globally.

We actively encourage our employees to speak out if they experience instances that are not in keeping with the principles outlined in our Code of Conduct.

All new joiners in Kingspan must complete training on our Code of Conduct. Our business success is linked to our behaviours, and our aspiration is to maintain a culture where our everyday actions are built on five core principles:

  • Clear, ethical and honest behaviours and communications;
  • Compliance with the law;
  • Respect for the safety and wellbeing of colleagues;
  • Protection of our Group assets; and
  • Upholding our commitment to a more sustainable future.
If you would like to discover more about what we’re doing across our business, explore our strategic pillars