Kingspan Group PLC (OTCPK:KGSPY)
$ 73.8 -0.9 (-1.2%) Market Cap: 13.59 Bil Enterprise Value: 15.76 Bil PE Ratio: 20.25 PB Ratio: 3.21 GF Score: 96/100

Half Year 2019 Kingspan Group PLC Earnings Call Transcript

Aug 23, 2019 / 07:30AM GMT
Release Date Price: $47.5 (-1.78%)
Operator

Ladies and gentlemen, welcome to the Kingspan interim results 2019 conference call. My name is Charlotte, and I will be coordinating your call today. (Operator Instructions) I will now hand over to your host, Gene Murtagh, to begin. Gene, please go ahead.

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

Thank you, and good morning to our interim results call. We'll take you directly to Slide #14. I assume you've all got the deck there. It's titled 2019 H1 in Summary. And in summary, it was a decent first half for us, revenue up 12% to just over EUR 2.2 billion and trading profit ahead by EUR 230 million, which resulted in basic EPS up 16% to almost EUR 0.94. All of the businesses and most geographies performed well.

Just by product sector. Insulated Panels were up 14%, particularly strong in the Americas and in Southern Europe, weaker in Germany and predictably weaker in the U.K., which we'll cover off a little more in detail later.

The Boards businesses achieved growth of 5%. Again, strong volume growth in most markets,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot