Heiton builds on 30% profit rise

TAKEOVER target Heiton was bullish about its future as an independent entity yesterday as the builders’ providers and DIY group reported full-year profits of €28.8 million, an increase of 30%.

The company saw sales from its Irish operations, which include Atlantic Homecare, Heiton Buckley and Cork Builders Providers, go up by 9% to €434m in the year to April.

But weaker sterling and a restructuring of its businesses in Britain caused British sales to slump €10.7m to €68.5m.