construction products firm says market conditions are now 鈥檚table鈥 due to improvements in housing and non-office commercial sectors

Kingspan says the future is optimistic as the residential sector starts to pick up.

A statement from the construction products firm on its performance so far this year said that market conditions are now 鈥渟table鈥, due to improving residential construction and non-office commercial work.

It warned that material costs may put pressure on margins however, especially as steel prices rise. The firm said it was a 鈥渟ignificant variable鈥 that would have to be managed during the summer.

The statement continued: 鈥淟ooking ahead, the sense of nervousness that prevailed in all of the group鈥檚 markets a year ago, is less evident at present.鈥