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Kingspan Group Plc achieved record revenue, with its Advnsys data center segment growing 12% last year. The global backlog rose 24% at year-end, and order intake for 2026 is double that of the previous year.

Demand from hyperscalers is accelerating in North America and Europe, with increasing interest in the Middle East. The company abandoned plans for an Advnsys IPO in January. Shares surged up to 8.8% on the Irish stock exchange.

European stocks, including the Stoxx Europe 600 Index, are expected to stabilize after reaching record highs, with concerns over high earnings expectations for 2026. Analysts predict a focus on domestically oriented stocks amid varying sector performances.