Economy buoys strong growth in Irish Life results

FINANCIAL services group Irish Life & Permanent has indicated very strong growth in mortgage lending for 2004.

It has also done well across the full range of its life assurance operations and overall is forecasting results for the year in line with market forecasts.

The projected profit figure for the year is between €375million and €388m before tax implying a 4% to 5% growth in earnings per share.

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