Increasing Estimates for Kingspan Following Strong First-Half Results

Kingspan is a global leader in high-performance insulation and building envelope solutions. We think it’s well positioned to benefit from secular tailwinds as building energy efficiency standards rise globally; 11% of global greenhouse gas emissions are from embodied carbon, specifically from building materials and construction. Further, as energy costs rise, there is a growing demand for products with thermal efficiency that exceeds minimum performance requirements, which is where Kingspan primarily operates.