Glenveagh profits up 38% to €63m

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Glenveagh profits up 38% to €63m
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Sales boost house builder's revenue

Stephen Garvey, Glenveagh Properties chief executive called for Government action on planning as the company said it made €63 million profit in 2022.Strong sales helped grow housebuilder Glenveagh Properties’ profits by almost 40 per cent to €63 million last year, results published on Wednesday show.

Dublin-listed Glenveagh said that revenues rose 35 per cent in 2022 to €644.7 million from €476.8 million the previous year. Pretax profits climbed 38 per cent last year to €63 million from €45.7 million in 2021, according to its annual results.READ MORE

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