Glenveagh revenues surge

Glenveagh Properties has posted a rise in revenues to €476m, which is a 64% jump.

Revenues were also up 36% compared to the same period in 2019 and have a total forward order book of around €415m.

- Advertisement -

Despite the positive trading update, the group warned of labour shortages that would create challenges for the next quarter.

CEO Stephen Garvey said: “Our ongoing investment in supply chain integration positions us well in this regard. Having delivered over 700 units from our timber frame factory in 2021, we will continue to prioritise our off-site manufacturing capability to enable us to innovate how we build the homes of the future.”

Latest News

More Articles Like This

[td_block_15 category_id="58276" f_header_font_family="450" f_ajax_font_family="450" f_more_font_family="450" mx4f_title_font_family="450" mx4f_cat_font_family="450" mx4f_title_font_weight="600"]