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RSS FeedsKingspan shares fall as UK demand `softens´ and costs rise
(WorldNews Business)

 
 

27 april 2017 21:45:11

 
Kingspan shares fall as UK demand `softens´ and costs rise
(WorldNews Business)
 


Kingspan, whose shares have rallied 75 per cent from their post-Brexit lows, has seen its UK order backlog weaken in recent weeks and its profit margins come under pressure as it grapples with a surge in the cost of a key chemical ingredient used to make insulation products. Shares in the Cavan-based group, whose market value reached an all-time high of EUR5.68 billion this week, fell 1.4 per cent on Thursday. The comments were contained in a trading...


 
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