Kingspan Reaffirms 2026 Profit Guidance, Forecasts €1.47 Billion for 2027
Kingspan said sales increased in the first nine months of 2026 and reaffirmed full-year trading profit guidance of €1.15 billion. It forecast trading profit of approximately €1.47 billion for 2027.
Kingspan Group released its Q3 trading update, reporting increased sales for the first nine months of 2026. The company reaffirmed its full-year trading profit guidance of 1.15 billion euros and provided a forecast for a trading profit of approximately 1.47 billion euros for 2027. Following the update, Berenberg maintained its "Buy" rating and price target for the company, citing management's confidence and positive momentum in the underlying business.