Kingspan Group

Potential IPO of ADVNSYS should unlock considerable value

  • Sectors : Building products
  • Companies : Kingspan Group

Ratings and price correct at time of issue.

  • Kingspan Group

    Closing Price: 6595c

  • RATING 12/05/11

  • PREVIOUS RATING 30/06/09

    NEUTRAL

DAVY VIEW

There is a compelling strategic and economic rationale to Kingspan’s consideration of a potential IPO of ADVNSYS, its current Advanced Building Systems division. Such a move should unlock considerable value for Kingspan shareholders and will highlight the hitherto unrecognised exposure the group has to the dynamic growth of the AI and data centre category. An initial high-level analysis suggests the initiative can help push the Kingspan equity to over €85.

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Sep 23 2025, 09:53 IST/BST

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