Kingspan Group PLC
KRX: XDUB (IRL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?? | LOCK|@#Dw | LOCK|$<^fkYRT |
Kingspan: Steady Growth and Record US Orders; Shares Overvalued
Kingspan’s first-quarter update saw 2025 sales rise 9% year on year to EUR 2.1 billion; like-for-like growth was only modest, but order volumes improved, and the US backlog reached an all-time high. Roofing and waterproofing grew 55% with the Nordic acquisition, while data solutions advanced 37%.
