Building materials giant Kingspan saw its revenue rise by 7% last year to a total of €9.2bn, the company said on Friday.
Publishing its full-year results for 2025, Kingspan chief executive Gene Murtagh welcomed “extraordinary demand” for its data centre infrastructure business.
The group’s earnings before interest, tax, depreciation and amortisation (Ebitda) rose 7% to €1.22bn in 2025, while its trading profit rose 5% to €955m.
Kingspan said acquisitions in the year contributed 8% to sales growth and 6% to trading profit growth, while its group trading margin stood at 10.4%.
The group said that despite the persistent challenges presented to the construction industry worldwide, it “pressed ahead” with many investment initiatives, both organic and inorganic, totalling €751.9m in the year covering both strategic and bolt-on projects.
The split was €325.8m on organic developments and €426.1m on acquisitions, the largest of which were an additional investment in Steico, which now stands at 61%, taking full ownership of Nordic Waterproofing and the acquisition of Mercor’s ventilation and daylighting business.
Kingspan said the general trading environment in global construction markets remained challenging, but noted exceptions to this at both ends of the scale.
Regionally, it said Latin America is performing strongly, as is the US tech sector, while Continental Europe held its own. Activity in Britain was weak, although not as bad in the second half. By sector, the picture is also very mixed with tech and data-related activity running high, while other industrial and residential markets are lagging historic activity levels.
“All things considered, the performance of Kingspan in this jumbled backdrop demonstrates the robustness and breadth of the Group and is distinctly more powerful than in the past,” the company said.
By segment, revenue at Kingspan’s Insulated Building Envelopes was ahead by 6%, and up by 12% at Advnsys. It added that the order backlog in value at Insulated Building Envelopes was up overall year-on-year and, notably, Advnsys entered 2026 with orders on hand up 24% in value on the same period a year ago, with order intake in 2026 to date double the same period last year.
It also noted 2025 was a stand-out year for its Planet Passionate programme, now in its sixth year.
“Kingspan has delivered record revenue and profitability in 2025 alongside continued investment to power our next phase of growth, including over €750m in organic and M&A activity,” said Mr Murtagh.
“To meet extraordinary demand we are rapidly ramping up manufacturing capacity in the US, Middle East and Asia.”
“Similar to recent years, the general trading environment in global construction markets varies widely, with the Tech sector performing strongly worldwide and general construction activity in Continental Europe low but steady. We anticipate our foreseeable future growth to exceed that of recent years.”
