Building materials maker Kingspan posted a 41 per cent rise in annual earnings today in line with forecasts.
Kingspan said basic earnings per share rose to 66.4 cents in the year to the end of December from 47.1 cents a year earlier.
The group said turnover grew by 30 per cent to €1.24 billion, just below expectations of €1.25 billion. Profit before tax rose 40 per cent to €135 million, compared with analysts' forecasts of €134.3 million.
The drive to make buildings more energy efficient boosted demand for the company's products.
Chief executive Gene Murtagh noted the economies in which Kingspan operates were generally quite stable and that some improvement was expected in certain sectors later this year.
"This backdrop, together with the robustness of the business, and the imminent UK Building Regulations review, should enable Kingspan to deliver further growth into the future," he added in a statement.