Full Year 2022 Kingspan Group PLC Earnings Call Transcript

Feb 17, 2023 / 08:00AM GMT
Operator

Good morning, and welcome to the Kingspan Preliminary Results 2022. (Operator Instructions). Thank you.

Now let me turn the call over to Gene Murtagh. So Gene, please begin when you're ready.

Gene M. Murtagh - Kingspan Group plc - CEO & Executive Director

Thank you very much, and good morning, everybody, and welcome to the 2022 preliminary results call.

We'll get straight into it on Page #3 of the slide presentation, which I'm sure you've got in front of you.

So in summary, the revenue for the year came in at $8.3 billion, which was an increase of 28%. Trading profit pretty much as guided, came in at $833 million, which was an operating margin of 10%. And earnings per share came in at almost $3.30, which was an increase of 8% also.

And driving those increases by division was insulated panels, which were up 23%, largely owing to inflation, which we will speak a lot more about later in the call, but also aided by a very significant increase of 46% in our global sales of QuadCore, which is our proprietary technology in our

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