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Kingspan has record sales/earnings in 2007.(europe newslines)(Financial report)

Cavan, Republic of Ireland -- Insulation manufacturer Kingspan reported strong organic growth in 2007, resulting in record earnings, with operating profit surging 22 percent to 236.7 million [euro].

Turnover for Kingspan, at 1863 million [euro], was 27.5 percent up on the previous year's figure.

As well as increased penetration of its insulated panels and rigid insulated boards in the UK Kingspan saw significant growth in central/eastern Europe, with turnover up 33 percent.

During the year, Kingspan commissioned a new phenolic insulation line in Ireland and a new insulated panel facility in Turkey. It also started building projects for additional lines or ...

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