Abbey sees 'steady pick-up' in Irish housing

Abbey sees 'steady pick-up' in Irish housing
Charles Gallagher, executive chairman, Abbey Picture: Maura Hickey

Builder reports fall in profits, but hopes easier credit will support Irish recovery

Dublin-listed housebuilding company Abbey has reported a fall in pre-tax profits for the first half of its financial year.

Pre-tax profits for the six months to the end of October were just under €21.8m, compared with €29.7m a year earlier. This was mainly due to fewer sales in Britain.

Abbey completed 252 house sales during the period - with 219 of these in the UK and just 15 in Ireland. The Irish figure was unchanged...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post