Abbey eyes more Irish work as profits fall

Geoff Percival Housebuilding group Abbey has said it is “working hard” to increase building activity in Ireland after posting a near 10% year-on-year fall in first half profits.

Abbey has said it is “working hard” to increase building activity in Ireland after posting a near 10% year-on-year fall in first half profits.

The Meath-based business — which also builds houses in the UK and the Czech Republic — said its pre-tax profits for the six months to the end of October amounted to just under €21.6m, compared to just over €23.9m for the same period last year.