Annual Report &
Financial Statements
And 2021 was an all-time high for global energy use.
We’re facing an existential global crisis and we’re still – literally – adding fuel to the fire. 82% of primary energy consumption continues to come from fossil fuels.
We need to define where we can make a big impact, fast.
— Read more
We need to define where we can make a big impact, fast.
— Read more
Diversification of the energy network is key to our future energy security.
— Read moreKingspan’s insulation systems, sold in 2022, will save an estimated 850 million MWh of energy or 193 million tonnes of CO2e over their lifetime.
Assumes 60 year product life; based on an EU airline disclosure of over 12.5m tonnes of CO2e emissions for 12 months to March 2022
Assumes a 20 year product life
Assumes 10 x 60W bulbs per home
193 million tonnes of CO2e will be saved over the life of our insulation systems sold in 2022
Enough to power a major airline for 15 years1
Over 45 billion litres of rainwater will be harvested by our tanks produced in 2022
Enough water to fill over 550 million baths2
In 2022 alone we upcycled 803 million waste plastic bottles
Enough recycled bottles to fill over 1,000 football pitches
The capacity to create 9 billion lumens of natural light annually through our daylighting systems
Enough to light up 1 million homes3
Our Planet Passionate targets demand radical thinking and action
Through our range of high-performance building envelope solutions, we are uniquely placed to facilitate the decarbonisation of the built environment which is today responsible for almost 40% of global greenhouse gas emissions.
Our ambitious Planet Passionate programme, which aims to reduce our environmental impact across the key themes of carbon, energy, circularity and water, will further add to our products’ value proposition in the fight against climate change.
Gene M. Murtagh
Chief Executive
Łódź Zoo
Łódź, Poland
Insulated Panels
K-Roc Karrier Panel
Summary Financials
Revenue
+28%
2021: €6.5bnEBITDA ¹
+12%
2021: €893.2mTrading Profit ²
+10%
2021: €754.8mTrading Margin ³
-160bps
2021: 11.6%Profit After Tax
+8%
2021: €570.6mEPS
+8%
2021: 305.6cEarnings before finance costs, income taxes, depreciation, amortisation and non trading item
Operating profit before amortisation of intangibles and non trading item
Trading profit divided by total revenue
Cincinnati Children’s Hospital Utility Plant
Ohio, USA
Insulated Panels
Morin Matrix Series
Our business model and strategy are enabling the transition from outdated, inefficient, methods of construction to ultra-performance building envelopes.
