Abbey reports losses of €54.4m

HOUSEBUILDER Abbey made losses of €54.4m in the year to end April 2009, when exceptional charges are included.

Abbey reports losses of €54.4m
Fri, 17 Jul, 2009 - 01:00
Brian O'Mahony

Its pre-exceptional loss was €5.3m for theyear, worse than marketestimates.

The figures reflect losses on land and housing values in Britain and Ireland, the group’s two core markets.

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CourtsPlace: BritainPlace: IrelandPlace: DublinPlace: PragueOrganisation: AbbeyOrganisation: Housebuilder AbbeyOrganisation: British GovernmentOrganisation: Goodbody Stockbrokers
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