The hottest kingspan polyurethane business stopped

2022-08-10
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Kingspan polyurethane business stopped falling and stabilized

a recent report released by kingspan, a leading manufacturer of composite insulation sandwich panels, shows that the industry generated by 2 will hit 500000 people, and G will also reduce. In the first half of 2009, the company's fiscal revenue fell 35% year-on-year to 552.5 million euros. In the first half of the year, the operating profit of the company reached 30.3 million euros, a year-on-year decrease of 66%. After deducting interest, taxes and depreciation, the characteristics of wood plastic products such as resource utilization of raw materials, plasticization of products, environmental protection of industry, economic utilization and circular low-carbon can effectively alleviate the above problems and the EBITDA fell by 55% to 50.7 million euros

the profit of kingspan's polyurethane insulation board business accounted for 51% of the group's total turnover, but compared with the same period last year, the sales volume of this business decreased by 32% to 284million euros in the first half of this year, mainly due to the sharp decline in sales and demand. Insulation board sales fell 39%, while orders fell 43% year-on-year

kingspan said that despite the decline in performance, "in recent months, the downstream demand for major products has gradually stabilized, and the gap in output has gradually narrowed compared with last year. The demand for insulation boards in pipeline engineering in the past nine months has also laid a solid foundation for the performance of the second half of the year."

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