EnergyWatch

Rockwool rival comes out on top after report

Insulation firm Kingspan grew 19 percent in revenue in the first six months of the year due to acquisitions and other events.

Photo: Kingspan

Irish firm Kingspan, which competes with Rockwool on the market for contrusction materials, is in strong shape on the Irish Stock Exchange Friday after the company delivered a nice result in its accounts for the first half of this year.

Despite currency headwinds, Kingspan increased revenue by 19 percent to EUR 1.75 billion. Taking currency fluctuations out of the equation, growth was 21 percent.

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