Sisk profits dip 21% in competitive market

PRE-TAX profits at the Sisk Group slumped 21.5% to €64.2 million last year in what the company called a competitive market.

Turnover increased by 8.3% to €1,810m while operating profit was down 7.3% to €52.1m in the year to the end of December 2007.

The group, which is one of the country’s largest building firms, said this was a strong performance in a general uncertain economic climate.