BUSINESS &
STRATEGIC REPORT
Strategic Goals:
- To lead the field in high performance insulation
globally with proprietary and differentiating
technologies. - To become the world’s leading provider of
low energy building solutions –
Insulate & Generate. - To achieve greater geographic balance,
primarily focusing on the Americas,
Europe and appropriate developing
markets.
STRATEGIC REPORT
Australia
WAIS Sports Centre
Insulated Panels:
Evolution and Trapezoidal
Building on the achievements of the previous year, 2016 was another record year for Kingspan. In a year that threw up many geopolitical surprises, Kingspan’s management remained focused on its business and strategy, delivering Revenues of €3.1bn, up 12%, and Trading Profit of €340.9 million, up 33%.
CHAIRMAN’S
STATEMENT
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UK
Friars Walk
Insulated Panels:
Benchmark - Karrier
2016 was a very strong year for Kingspan, with record results and considerable progress on a range of strategic and innovation activities. Revenue grew by 12% to €3.1bn, resulting in EPS growth of 35% to 143.8 cent.
CHIEF
EXECUTIVE’S
REVIEW
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FINANCIAL
REVIEW
Group revenue increased by 12% to
€3.11bn and trading profit increased by
33% to €340.9m resulting in an
improvement of 180 basis points in
the Group’s trading profit margin to
11.0%. Basic EPS for the year was
143.8 cent, representing an increase
of 35%.
REVIEW PDF
1. Earnings before finance cost, income taxes, depreciation and intangible amortisation.
2. Earnings before finance cost, income taxes and intangible amortisation.
UAE, Intercontinental
Dubai Marina
Insulation Boards:
PalDuct PIR system
Revenue up
12%
€3.1bn
2015 €2.8bn
EBITDA1 up
28%
€404.1m
2015 €316.4m
Trading Profit 2 up
33%
€340.9m
2015 €255.9m
Trading Margin up
180bps
11.0%
2015 9.2%
Profit After Tax up
34%
€255.5m
2015 €190.6m
EPS up
35%
143.8 cent
2015 106.7 cent
As a leading building supplies manufacturer in a highly competitive international environment, Kingspan is exposed to a variety of risks and uncertainties which are monitored and controlled by the Group’s internal risk management framework.
RISK & RISK
MANAGEMENT
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CORPORATE
SOCIAL
RESPONSIBILITY
Kingspan’s vision: To be a global leader in
sustainable business and establish a
leading position in providing ethical,
renewable and affordable best practice
solutions for the construction sector.
SOCIAL RESPONSIBILITY PDF
Environment
—
Sustainability at the heart
of everything we do.
—
Net Zero Energy.
—
Mimimise waste, harmful
emmisions and water
usage.
Marketplace
—
Continue to produce best in class
products and building solutions.
—
Ensure sustainability is considered
in all aspects of our product’s
lifecycle.
—
Ensure supply chain
accountability usage.
Workplace
—
Safe and healthy workplace
for all employees.
—
Develop our employees in order to
achieve their potential.
—
Be an equal opportunity employer
and respect the human rights of
all employees.
Community
—
Actively engage with and make positive
contributions to the communities we
belong to.
—
Support a broad range of
charitable causes.
—
Comply with all local laws
of the countries we
operate in.