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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01432866: Vivek, Judy Chu and Brian Fitzpatrick (DS10)

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This document contains business analysis text about market penetration rates for Kingspan, a construction-related company. The text discusses potential market performance and growth opportunities in the USA, emerging markets, and mainland Europe, with specific reference to penetration rate targets for the year 2020.

📋 Key Excerpts15

PersonKeyword
Excerpt 1
Kingspan should outperform its construction markets owing to its over-exposure to markets with low **penetration** rates (the USA, EM and Mainland Europe)
Excerpt 2
We see c4% upside to 2020E DBe forecasts if Kingspan meets its **penetration** targets.
Excerpt 3
39 Deutsche Lufthansa - Page 40 Royal Mail - SELL - Page 41 SGS - Page 42 Vinci II Risk Statements EFTA01432867 Il DB Forecasts Editors: Mark Braley, **Vivek**-G

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