Kingspan Group

Q3 sector update overview

  • Sectors : Building products
  • Companies : Kingspan Group

Ratings and price correct at time of issue.

  • Kingspan Group

    Closing Price: 7940c

  • RATING 12/05/11

  • PREVIOUS RATING 30/06/09

    NEUTRAL

DAVY VIEW

It has been a busy few days for Kingspan with the investment in the increased shareholding in Nordic Waterproofing (NW) and the successful issue of the group’s first public bond. Next up on the schedule is its third-quarter trading update on November 5th. In the meantime, there are a number of other company results that are of interest and that provide further insight into industry trends. Of note are improved results from Steico and NW in Q3, while Carlisle in the US roofing category continues to deliver a very elevated operating margin performance.

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Oct 25 2024, 07:54 IST/BST

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