Kingspan profits up

05/09/2005 - 07:32:16
Kingspan Group Plc have announced operating profits for the first six months of this year up 54%.

The construction firm recorded profits of €67m this year, as opposed to €43.6m for this time last year in their interim results.

Gene Murtagh, CEO, commented: "We continued to deliver on our stated strategy of maintaining good organic growth enhanced with complementary acquisitions of a bolt on and in-fill nature.

"Against the background of a robust Irish market, an evolving UK construction
market and improving central European and US markets, the group anticipates a
satisfactory outcome for the year as a whole".