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Trading Update

2nd Jun 2017 14:26

RNS Number : 0486H
Abbey PLC
02 June 2017
 

 

 

Abbey PLC

Trading Update

 

For the year ending 30th April 2017 Abbey PLC has completed 586 House Sales (UK 495, Czechia 52 and Ireland 39).

 

Group turnover for the year has fallen moderately short of last year's €220m. Higher average sale prices and continuing strong margins mean operating profit should be in the region of last year's levels.

 

Forward sales for the group are at good levels and both the UK and Ireland are planning to build and sell more New Homes in the year ahead.

 

Full year results should be available in the week beginning 10th July.

 

Enquires

 

Abbey Plc:

David Dawson

Tel: +44 1707 651266

Davy:

Brian Garrahy

Tel:+ 353 1 679 6363

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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