Kingspan Group plc (KGP.L)
| Previous close | 61.97 |
| Open | 63.30 |
| Bid | 62.14 x 0 |
| Ask | 63.70 x 0 |
| Day's range | 60.64 - 63.32 |
| 52-week range | 35.42 - 95.00 |
| Volume | |
| Avg. volume | 120,957 |
| Market cap | 111.427M |
| Beta (5Y monthly) | 0.86 |
| PE ratio (TTM) | 0.18 |
| EPS (TTM) | 3.35 |
| Earnings date | N/A |
| Forward dividend & yield | 0.49 (0.80%) |
| Ex-dividend date | 13 Apr 2023 |
| 1y target est | 65.70 |
- The Telegraph
Why investors must be ruthless in troubled times
This year’s stock market slump raises several pertinent questions for long‑term investors. Chief among them is what to do with holdings that have dramatically fallen in value. After all, very few portfolios will have been able to wholly avoid falling share prices over recent months.
- Reuters
Insulation maker Kingspan reluctant to cut prices just yet
Building insulation specialist Kingspan said it plans to maintain higher sales prices for the time being in order to protect itself from any further surprise rises in raw material costs, even if it means a continued decline in sale volumes. The Irish firm, which on Friday reported a 32% rise in first half trading profit after revenue topped 4 billion euros, had warned recently that order intake volumes had fallen significantly year on year in May and June. Chief Financial Officer Geoff Doherty told an analyst call that volumes were down around 5% to 10% in July and August but that he expected underlying revenue to rise by 10% in the second half due to prices being higher than a year ago.
