Heiton build on housing growth with sales set to reach a record €423m

HEITON GROUP are expected to report record sales of close to €423m when it unveils its results for the year-ending April 30, 2002, on Thursday.

The stellar Irish Stock Market performer has seen shares soar by over 50% since January. It retains an accumulate recommendation from NCB Stockbrokers, who have placed a €3.60 price target on the share, which yesterday opened at €3.25, well ahead of its year low of €2.05 on January 10.

Yesterday, Heitons announced the completion of a €4.2m refurbishment of its 20 Heiton Buckley builders merchants outlets.