Shares in Kingspan Group jumped as much as 8% in Dublin trading on Friday following the release of the building materials maker’s full-year results for 2025, which showed record revenue and profit. The surge came as the company highlighted “extraordinary demand” within its Advansys data centre infrastructure unit.
Kingspan reported revenue of €9.2 billion for the year ending December 31, 2025, a 7% increase from the €8.608 billion recorded in 2024. Trading profit rose by 5% to €955 million, up from €907 million the previous year, while profit after tax increased by 4% to €716 million, compared to €691 million in 2024. The company attributed 8% of its sales growth and 6% of its trading profit growth to acquisitions made during the year.
Gene Murtagh, Kingspan’s CEO, stated the company had delivered record revenue and profitability alongside continued investment, exceeding €750 million in organic and M&A activity. The largest acquisitions included an increased stake in Steico, taking full ownership of Nordic Waterproofing and the purchase of Mercor’s ventilation and daylighting business.
Despite acknowledging “persistent challenges” in the global construction industry, Kingspan reported strong performance in Latin America and the US tech sector, with Continental Europe remaining stable. Activity in Britain, however, was described as weak. The company’s Advansys division, focused on data centres, experienced a 12% growth in sales during the period. Kingspan had previously abandoned plans to spin off Advansys as a separate entity last month.
Kingspan has proposed a final dividend of 29.2 cent per share, up from 28.5 cent in 2024, resulting in a total dividend for the year of 55.5 cent, an increase from 54.8 cent the previous year. The company stated it entered 2026 with “healthy backlogs” but noted a “sluggish” start to the year, citing tough winter conditions in many of its key markets.
Looking ahead, Kingspan anticipates trading profit of approximately €1.05 billion for 2026, representing an acceleration of recent growth. The company expects trading profit growth between now and the complete of the decade to surpass that achieved in recent years, citing its focus on innovation, low-carbon solutions, and emerging platforms.
