Half Year 2021 Kingspan Group PLC Earnings Call Transcript

Aug 20, 2021 / 07:30AM GMT
Operator

Good morning or good afternoon all, and welcome to today's Kingspan Interim Results for the 2021. My name is Adam, and I'll be your operator today. (Operator Instructions) I would now hand you over to Gene Murtagh to begin. So Gene, please go ahead when you are ready.

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

Good morning, and thank you very much, and welcome, everybody, to the 2021 Interim Results of Kingspan. We'll take you directly into the presentation at Slide #3, titled H1 2021 In Summary.

So in essence, it was a remarkably strong period for Kingspan. Our revenue was up 41% to EUR 2.9 billion, trading profit up 64% to EUR 329 million. And just interestingly, those 2 statistics when compared against 2019 were up 30% and 43%, respectively. So a very strong period for us by any measure. And that's resulted in earnings up 66% at just over EUR 1.32.

So just by division in brief, we'll go through this in much more detail later. Panels were up 44%; Boards up 36%; Light & Air up 39%, which was largely reflective of

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