UNBOUNCE - EXAMPLE PAGE-REPORT-ENTERPRISE DOCUMENT-KINGSPAN - Flipbook - Page 45
Looking Ahead
2022 has started well helped by the strong
order backlog at the end of last year,
although it is still early days. Raw material
prices which saw steep increases through
much of 2021 remain at elevated levels
with no evidence yet of this situation
changing significantly. Our trading outlook
beyond the first quarter is less visible
although the prevailing mood in our endmarkets, for the most part, remains one
of cautious optimism.
Our innovation pipeline is most
encouraging and, in particular, this
year should see the market launch of
PowerPanel™ and Rooftricity™, our fully
integrated insulated panel and solar
propositions. Our Planet Passionate
agenda continues to meet all our
targeted commitments and is resonating
strongly with our customers worldwide.
The Group remains well capitalised with
approximately €1.3 billion of cash and
undrawn facilities on hand.
Worldwide, there is a growing momentum
amongst policy makers, consumers and
other stakeholders to design and occupy
buildings which consume less energy and
we are evidently well positioned to harness
this over the long term.
Gene M. Murtagh
Chief Executive Officer
22 February 2022
Facebook EMEA HQ
Dublin, Ireland
Data & Flooring
RMG and FDEB
Floor Systems
Kingspan Group plc Annual Report & Financial Statements 2021
Chief Executive’s Review