27th May 2021 17:28
Glenveagh Properties PLC - Irish housebuilder - Says is on track to deliver target of 1,150 homes this year, with all now sold, signed or reserved. Says path to building 3,000 homes per year by 2024 is clear and remains focused on delivering quality, sustainable homes.
"Our confidence in the future of our business is driving us to continue to pursue our growth strategy, delivering positive cash flows and ensuring we are well placed to continue to grow market share. This is underpinned by our strong balance sheet and capital allocation strategy, with a focus on delivering returns for our shareholders. Given the operational and demand backdrop being experienced, the group remains confident in delivering 1,150 units in 2021," company says.
Current stock price: EUR0.95
Year-to-date change: up 11%
By Arvind Bhunjun; [email protected]
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