Kingscourt, Ireland-Sales at Kingspan, the large PU and PIR insulation manufacturer, were €6.5bn in 2021, up 42.0% on 2020. Trading profit across the business increased by 48.6% to €55m in the year. CEO Gene Murtagh said: 'The business delivered an exceptional performance last year. Whilst dramatic input price inflation was a major feature, our cost recovery efforts helped ensure continued margin improvement. Despite a slower fourth quarter, with a large order backlog we are cautiously optimistic about the outlook for this year.'
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