{"slug": "hot-ai-will-make-an-irish-building-company-eur2-billion-in-revenue-this-year", "title": "Hot AI will make an Irish building company €2 billion in revenue this year", "summary": "Kingspan's Advnsys unit reported €1.02 billion in revenue for the first half of 2026, driven by AI-related data centre demand, and the company projects €2 billion in annual revenue for the unit. Order intake and backlog more than doubled year-on-year, reflecting the AI boom's impact on data centre infrastructure suppliers.", "body_md": "[AI](/tag/ai/)\n\nIn 2021, the data centre unit of Irish building-materials giant Kingspan reported annual revenues of €271 million, a number the company – which made vastly more from its staid old insulated panels business – was not unhappy with.\n\nThen came AI, with its demands for far more dense data centres, and the advanced heat transfer engineering that implies.\n\nOn Friday, [ Kingspan reported](https://www.kingspangroup.com/content/dam/kingspan-group-website/documents/2026-reports---presentations/kgr-interim-statement-hy-2026.pdf?ref=thestack.technology) that its Advnsys unit, a \"critical infrastructure\" business increasingly focused on data centre work, made €1.02 billion in revenue in the first six months of 2026.\n\nAdvnsys supplies physical systems surrounding the servers, the ceilings and floors that support pipes and cables, as well as hot-aisle containment and cooling manifold gear.\n\nIts deal pipeline too shows just how big the AI boom has been for picks-and-shovels suppliers in the data centre space, with order intake and order backlog both more than doubling year-on-year.\n\n## Get the full story: Subscribe for free\n\nJoin peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events.\n\n[Subscribe now](https://www.thestack.technology/membership/)\n\nAlready a member? [Sign in](https://www.thestack.technology/signin/)", "url": "https://wpnews.pro/news/hot-ai-will-make-an-irish-building-company-eur2-billion-in-revenue-this-year", "canonical_source": "https://www.thestack.technology/hot-ai-will-kingspan/", "published_at": "2026-08-10 11:05:08+00:00", "updated_at": "2026-08-10 11:35:00.757046+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Kingspan", "Advnsys"], "alternates": {"html": "https://wpnews.pro/news/hot-ai-will-make-an-irish-building-company-eur2-billion-in-revenue-this-year", "markdown": "https://wpnews.pro/news/hot-ai-will-make-an-irish-building-company-eur2-billion-in-revenue-this-year.md", "text": "https://wpnews.pro/news/hot-ai-will-make-an-irish-building-company-eur2-billion-in-revenue-this-year.txt", "jsonld": "https://wpnews.pro/news/hot-ai-will-make-an-irish-building-company-eur2-billion-in-revenue-this-year.jsonld"}}