Kingspan Group PLC (MEX:KSP)
MXN 2088.43 0 (0%) Market Cap: 279.92 Bil Enterprise Value: 317.90 Bil PE Ratio: 21.04 PB Ratio: 3.24 GF Score: 86/100

Half Year 2023 Kingspan Group PLC Earnings Call Transcript

Aug 18, 2023 / 07:30AM GMT
Release Date Price: MXN2088.43
Operator

Hello, everyone, and welcome to the Kingspan Interim Results 2023 Conference Call. My name is Bruno, and I'll be operating your call today. (Operator Instructions) I will now hand over to your host, Gene Murtagh. Please go ahead.

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

Good morning, and thank you, Bruno. I'm joined here this morning by Geoff and Catriona, and we will take you through the interim results over the next half hour or so.

So let's get directly into it on Slide #3, which is titled H1 '23 in summary. And to the right-hand side of that slide, in essence, no surprises from the recent communications that we have had.

Revenue is marginally behind prior year by 2% at EUR 4.1 billion and delivered a profit that's broadly in line, a nudge ahead the prior year at EUR 436 million, which resulted in EPS improvement of 3%.

And then in addition to that, related to our whole Planet Passionate program, our direct greenhouse gas emissions reduced by a very significant 51%, largely in this case owing to

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