DAVY VIEW

Kingspan’s growth ambitions out to 2030 capture a business that is targeting double-digit annual profit growth over the remainder of the decade. An indication that the group will have around €6bn of capital to deploy is also eye-catching. Kingspan has consistently reported through-the-cycle profit growth, and there is every reason to think this will continue. In addition, Kingspan has a long-standing record of exceeding expectations, and we suspect there is every reason to believe this will continue with these objectives.