Cement group chief optimistic

Brian O’ Mahony,

Without property disposals of close to 500,000, the profit decline would have been worse. But overall, he remains optimistic. Accepting that the boom times are over, he points out that even if construction activity falls a full 10% this year it will still be only back at 1999 levels, which was still a boom time for the economy.

Without doubt, the global cycle will have a bearing on the future, as will the slowdown on the delivery of the