Kingspan
Kingspan sales rise in third quarter but company says ‘difficult to look too far ahead’ due to geopolitical ‘moving parts’
Sales at Irish insulation specialist Kingspan Group rose 3% in first nine months of year, buoyed by a 6% rise in Q3
European markets make gains after worst fall in a year
Dublin’s Iseq finished up 2.25% while FTSE rebounds
London stocks fall after UK budget announcement
Wall Street tumbles after warnings from Microsoft and Meta Platforms about escalating AI costs
Kingspan expects EU decision on Trimo deal investigation within months
Cavan-based company also disclosed it has not yet set aside any provisions for a potential fine stemming from the investigation
Kingspan debuts on bond market with €750m deal
Deal comes in same week as firm said it had taken majority stake in Nordic Waterproofing
Markets sluggish as Boeing posts $6 billion loss
Irish food groups retreat while Dalata finishes flat
Kingspan acquires majority stake in Sweden’s Nordic Waterproofing
Cavan-based insulation maker says move will lift its annualised roofing and waterproofing revenues to approximately €1bn
Flutter finishes down 6% as UK considers £3bn tax on gambling firms
Mixed day for banks and building firms on Irish market
European markets falter following upbeat US inflation data
Iseq down 0.96% while Stoxx Europe 600 Index ended session 0.2% lower
Markets lifted by positive US jobs growth data
Stoxx Europe 600 Index climbed 0.6% with auto stocks gaining the most after EU voted to impose tariffs on EVs from China
Markets mixed as geopolitical tensions grow
Oil spikes amid fears Israel may strike Iranian refining infrastructure
Irish Hospice Foundation ends funding relationship with Kingspan after Grenfell report
A continued relationship would be ‘incompatible’ with charity’s values, says spokeswoman
Global stocks mark time as Flutter announces share buyback
AIB and Bank of Ireland slide slightly as Kingspan edges higher
Global markets rise after Fed rate cut
Traders optimistic after the US Federal Reserve chairman Jay Powell signalled a series of cuts are likely to follow
Week closes on positive note as attention turns to US Fedearal Reserve
Expectations of a hefty rate cut in Washington growing while Bank of England is expected to hold fire following last month’s cut
Oil prices rise by more than 1 per over output concerns
Banking stocks rise on Irish market as Ryanair retreats
Markets have volatile afternoon as US releases inflation data
Irish banking stocks fall and food companies have subdued day
Shane Lowry: My heart goes out to families of the victims of the Grenfell fire
Irish golfer ended his partnership with construction firm Kingspan on Tuesday following publication of report into fire in which 72 people died
Shane Lowry ends Kingspan sponsorship in the wake of the report into the Grenfell fire
Grenfell United survivors’ group: ‘We first presented Shane Lowry with the Inquiry’s evidence 3 years ago, so we are pleased he has made the right decision’
Irish public companies go on a €6bn share buyback splurge
The best news, analysis and comment from The Irish Times business desk
Is Kingspan’s Murtagh insulated from buck stopping after scathing Grenfell report?
If anyone thought there would be questions about the CEO’s position, there is no sign of them from investors
Malachy Clerkin: Shane Lowry must know that if he stays with Kingspan, his choice makes a statement
In the wake of the damning report on the Grenfell fire, staying on as a brand ambassador for the Cavan-based insulation company flies in the face of the wishes of survivors’ groups
Glenveagh the standout performer on Irish market in volatile day for European stocks
US employment numbers due on Friday
Damning Grenfell fire report puts Kingspan under spotlight
Inferno enveloped the 24-storey tower in less than three hours, claiming the lives of 72 people
Grenfell Tower fire: Starmer issues state apology as inquiry’s damning final report is published
Irish building firm Kingspan among those criticised in long-awaited report into fire that killed 72 people in 2017
Kingspan made false claims about insulation used on Grenfell Tower, says report
Irish multinational ‘knowingly created a false market’, report on 2017 disaster finds
Dalata shares fall while Kingspan flat on day as Grenfell report released
FTSE, European stocks and US markets all retreat
Grenfell fire: Irish firm Kingspan ‘knowingly created false market’ for insulation used on tower
Grenfell Tower fire: Report on fire which killed 72 people in London highlights failures of UK government, building materials companies, contractors, fire safety experts and local council officials
Muted day on Irish stock exchange as Iseq outperforms European peers
US markets close for Labor Day, while traders contemplate September, which can be treacherous month for markets
Markets cheered by prospects of interest rate cuts
Market in Dublin climbs 0.5% as it is buoyed by a strong showing from budget airline Ryanair following O’Leary comments
Kingspan profits dip despite record revenue
Company says it expects to deliver better performance in the second half with trading profit growth anticipated
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