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
Financial Review
The Nest
Vermont, USA
Insulated Panels
QuadCore® Optimo®;
QuadCore® KS Series
wall panel systems
Financial Review
An overview of the Group’s financial performance for year ended 31 December 2024.
Group revenue increased by 6% to €8.6bn (2023: €8.1bn) and trading profit increased by 3% to €906.7m (2023: €876.9m) with a decrease of 30 basis points in the Group’s trading profit margin to 10.5% (2023: 10.8%). Basic EPS for the year was 365.2 cent (2023: 352.3 cent), representing an increase of 4%.
CC Estepark
Castellón,Spain
Insulated Panels
Italia 30 linear ceiling
Summary Financials
Revenue
€8.6bn
+6%
2023: €8.1bn
EBITDA1
€1.14bn
+7%
2023: €1.07bn
Trading Profit2
€907m
+3%
2023: €877m
Trading Margin3
10.5%
-30bps
2023: 10.8%
Profit After Tax
€691m
+6%
2023: €654m
EPS
365.2c
+7%
2023: 352.3c
- Earnings before finance costs, income taxes, depreciation, amortisation and non trading item
- Operating profit before amortisation of intangibles and non trading item
- Trading profit divided by total revenue
The Falcon ATC Tower
Fujairah, UAE
Insulated Panels
KingZip Infiniti roof
and wall systems
Looking Ahead
We are confident that 2025 will be another year of progress at Kingspan. The structural demand for an energy efficient built environment continues to advance around the world. Our order backlogs are healthy in general and are soaring in the data and AI arena.
2024 was a year of strong progress for Kingspan. Whilst end markets were tough, we ploughed on regardless recording a strong bounce back in the second half of the year.
€1.2 billion of new capital was deployed in 2024 across our business around the world. The seeds have been sown for the next stage of our continuum of growth.
We do not distract ourselves by short-term gyrations in end markets, we think long and build long.
2025 will inevitably offer up its fair share of challenges although we are excited for the year ahead. We are uniquely placed to harness that with the breadth of our offering, our Planet Passionate agenda and our strong balance sheet.
Geoff Doherty
Chief Financial Officer
25 February 2025
Bei der Mierbaach
Bascharage, Luxembourg
Roofing + Waterproofing
EVALON waterproofing
membrane; aluminium profiles
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