Estate agents makes loss of €360,000

LEADING estate agents Lisney swung into the red last year.

The latest accounts for the company show a pre-tax loss in of more than €360,000 in the year to the end of March 2005, compared to a profit of €146,942 in 2004.

Though turnover for the year climbed to €15.2 million, a rise in operating expenses and a €2.2m hit from the amortisation of goodwill sent the company into the red.