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Davy Research

Kingspan Group

To retain full ownership of ADVNSYS

Jan 7 2026, 08:12 GMT
Flor O'Donoghue
Company Report
6 page(s)

Sectors : Building products

Companies : Kingspan Group

Ratings and price correct at time of issue.

Kingspan Group

Closing Price: 7215c
RATING 12/05/11
OUTPERFORM
PREVIOUS RATING 30/06/09

NEUTRAL

Person's Name

Flor O'Donoghue

Analyst

DAVY VIEW

Kingspan has announced that it will now not pursue a potential IPO of ADVNSYS. As such, there is no impact on our financial forecasts as we had not made any adjustments for this possibility. Kingspan remains exceptionally well placed as a business, and this should be confirmed when the group announces 2025 results in February.

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Jan 7 2026, 08:12 GMT