Homebuilder predicts ‘continued growth’ despite recent setbacks

One oft he largest homebuilders in the country has predicted ‘‘continued growth’’, despite a collapse in turnover and profits in the past year.

12th December, 2009

One oft he largest homebuilders in the country has predicted ‘‘continued growth’’, despite a collapse in turnover and profits in the past year.

Dwyer Nolan Developments, which had built major housing schemes in Leinster, made a profit of €2.3 million in the 12 months to the end of May. The company’s profits were down more than 80 per cent from€12.3 million the previous year, while turnover was down more than 70...

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