Kingspan expects its full-year results to beat market expectations after the Cavan-based building materials company's first-half performance easily outstripped that of the previous year.
Kingspan said recent acquisitions were trading in line with expectations and that profitability was improving, with the group's EBITA margin continuing an upwards trend.
The company said in May it expected sales and profits to be well above those recorded last year thanks to strong underlying volume growth for its main products and an ability to pass on raw material price rises quickly.
Kingspan shares, which have risen 47 per cent this year, closed at a record €10.36 yesterday after extending recent gains on news London will host the 2012 Olympic Games. That will keep builders busy in Britain where Kingspan generates about 60 per cent of its sales.