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Kingspan Group lifts guidance on strong data center construction momentum
['Editorial Team']
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The Irish building materials giant now targets €1.13 billion in trading profit after its data center division posted explosive growth in the first half of 2026.
The catalyst was not a recovery in traditional construction markets, which remain sluggish, but a surge in demand from data centers.
AdvertisementThe Advnsys engineKingspan’s data infrastructure business, Advnsys, posted 34% sales growth in the first half of 2026, and order intake and backlog more than doubled compared to the same period last year.
The bigger picture for KingspanGroup-wide, Kingspan posted a first-half trading profit of €487 million, representing 10% year-on-year growth.
For the full year, Kingspan now expects to break €10 billion in annual revenue for the first time in its history.