Annual Report 2021

AIMING HIGH TO LOWER CARBON

Etihad Arena
Abu Dhabi, UAE
Insulated Panels
KingZip Linea

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The Time is Now

Climate change is a code red for humanity. It’s the single biggest issue facing the world today.

Buildings past, present and future will be central to averting a climate crisis. As a global leader in sustainable and innovative building envelope solutions, Kingspan has a pivotal role to play.

 

39% of global annual carbon emissions are attributable to buildings and construction.

Join us on our journey
to build a better world

Legacy of the

PAST

It’s critical to address the lack of energy efficiency in older buildings.

Past

Potential of the

PRESENT

Net zero is the goal – what can be achieved today?

Present

Promise of Buildings

FUTURE

Addressing the issue of embodied carbon and material availability.

Future

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.

 

Learn about Kingspan Planet PassionateGene M. Murtagh

Our Impact

Kingspan’s insulation systems, sold in 2021, will save an estimated 850 million MWh of energy or 193 million tonnes of CO2e over their lifetime.

193m tonnes

193 million tonnes of CO2e will be saved over the life of our insulation systems sold in 2021

15 years

Enough to power a major airline for 15 years1

843m

In 2021 alone we upcycled 843 million waste plastic bottles

1,150

Enough recycled bottles to fill over 1,150 football pitches

45bn litres

Over 45 billion litres
of rainwater will be harvested by our tanks produced in 20212

550m

Enough water to fill over 550 million baths

9bn lumens

The capacity to create 9 billion lumens of natural light annually through our daylighting systems

1m

Enough to light up 1 million homes3

 

  1. Assumes 60 year product life; based on an EU airline disclosure of over 12.5m tonnes of CO2e emissions for 12 months to March 2020
  2. Assumes a 20 year product life
  3. Assumes 10 x 60W bulbs per home

 

Our business model and strategy are moving us from outdated, inefficient, methods of construction to ultra-performance building envelopes. 

 

Learn more about our Strategic Pillars 

Business Strategy INNOVATION Planet Passionate GLOBAL COMPLETING THE ENVELOPE

Financial Summary

REVENUE

€6.5bn

+42%

2020: €4.6bn

EBITDA ¹

€893.2m

+42%

2020: €630.2m

TRADING PROFIT ²

€754.8m

+49%

2020: €508.2m

TRADING MARGIN³

11.6%

+50bps

2020:11.1%

PROFIT AFTER TAX

€570.6m

+48%

2020: €384.8m

EPS

305.6c

+48%

2020: 206.2c

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  1. Earnings before finance costs, income taxes, depreciation and amortisation. Prior period comparative has been re-presented to reflect this revised definition.
  2. Operating profit before amortisation of intangibles.
  3. Trading profit divided by total revenue.

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This copy of the statutory annual report of Kingspan Group plc for the year ended 31 December 2021 is not presented in the ESEF-format as specified in the Regulatory Technical Standards on ESEF (Delegated Regulation (EU) 2019/815).
The ESEF annual report is available at:
https://www.kingspan.com/group/investors/reports-presentations