Concrete firm’s profits harden

CONCRETE products group Readymix saw pre-tax profits boosted to €27.64 million for the six months to the end of June from €10.9m for the same period last year.

The figures were flattered by a gain of over €20m from the sale of property in the North.

At the trading level, despite a buoyant market, profits fell by 23% from €9.8m to €7.6m during the period.