House builder reports ‘reasonable’ trading

Housebuilding group Abbey has said it has seen progress in all parts of its business during the first half of its current financial year, including a small improvement in the Irish market.

Addressing shareholders at the company’s AGM in Malahide yesterday, chairman, Charles Gallagher said progress “continues to be made” and that trading in the early months of the year had been “reasonable”.

He said the company was “on track for a satisfactory outcome this year”.