Bosses’ pay at Abbey up 3%

Executive pay levels at Co Meath-based house building group, Abbey increased by over 3% last year.

Bosses’ pay at Abbey up 3%

The Clonee-headquartered firm paid its four executive directors a total of €1.34m in its latest financial year — covering the 12 months to the end of April — up from €1.299m the previous year, according to its newly-published annual report.

The rise came on the back of Abbey’s Irish operations turning a profit for the first time in four years. In July, Abbey — which operates here, in Britain and in the Czech Republic — reported group pre-tax profits of €24.1m for the year; up by a whopping 113% on the previous 12 months.

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