UNBOUNCE - EXAMPLE PAGE-REPORT-ENTERPRISE DOCUMENT-KINGSPAN - Flipbook - Page 43
Water
& Energy
This division delivered a good
performance despite the headwinds
presented by market constraints
evident in Australia.
on Europe and Australia and the
Americas is a real development
opportunity and will therefore
become a region of growing focus.
The focus of this business unit is
water related storage, heating,
treatment and harvesting solutions
all of which present attractive
opportunities across the world.
The business has focused to date
Separately, a product development
initiative on hydrogen storage
for the transportation sector is
underway and expected to be an
interesting opportunity over the
longer term.
TURNOVER
€261.3m
+29%(1)
2020: €202.7m
TRADING PROFIT
€20.0m
+23%
2020: €16.3m
TRADING MARGIN
7.6%
-40bps
Palmyra II
Kangaroo Valley, Australia
Water & Energy
Kingspan made to measure
rainwater tanks
Kingspan Group plc Annual Report & Financial Statements 2021
2020: 8.0%
1 Comprising underlying
+14%, currency +4% and
acquisitions +11%
Chief Executive’s Review