Kingspan Group PLC (DUB:KRX)
€ 84.6 0.4 (0.48%) Market Cap: 15.38 Bil Enterprise Value: 17.14 Bil PE Ratio: 24.87 PB Ratio: 3.82 GF Score: 82/100

Half Year 2021 Kingspan Group PLC Earnings Call Transcript

Aug 20, 2021 / 07:30AM GMT
Release Date Price: €96.16 (+2.47%)
Operator

Good morning or good afternoon all, and welcome to today's Kingspan Interim Results for the 2021. My name is Adam, and I'll be your operator today. (Operator Instructions) I would now hand you over to Gene Murtagh to begin. So Gene, please go ahead when you are ready.

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

Good morning, and thank you very much, and welcome, everybody, to the 2021 Interim Results of Kingspan. We'll take you directly into the presentation at Slide #3, titled H1 2021 In Summary.

So in essence, it was a remarkably strong period for Kingspan. Our revenue was up 41% to EUR 2.9 billion, trading profit up 64% to EUR 329 million. And just interestingly, those 2 statistics when compared against 2019 were up 30% and 43%, respectively. So a very strong period for us by any measure. And that's resulted in earnings up 66% at just over EUR 1.32.

So just by division in brief, we'll go through this in much more detail later. Panels were up 44%; Boards up 36%; Light & Air up 39%, which was largely reflective of

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