Abbey profits up, but Brexit clouds outlook
Irish prospects are brighter despite Brexit shadow
Dublin-listed housebuilder Abbey, which has operations in Britain, Ireland and the Czech Republic, has reported strong growth in annual profits, though it says the Brexit vote has now clouded the outlook.
The company said pre-tax profits for the year to the end of April were €61.5m, up from €49.1m a year earlier. Abbey's board is recommending a final dividend of eight cent per share.
During the year, Abbey sold 597 housing units – 544...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply