Kingspan Q1 2024 revenues at €2bn, down 1%, with Americas leading, Western Europe subdued, and input cost concerns.
Kingspan reported revenues of €2bn for Q1 2024, down 1% from the previous year, citing a "sluggish start" due to seasonal factors. The Americas had the strongest start, while Western Europe was "seasonally subdued" and Central & Eastern Europe remained "regionally tough". Sales of insulated panels dropped 6%, but global sales volume rose. Kingspan warned of potential short-term input cost increases.
April 26, 2024
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