Glenveagh shares rise on strong trading outlook

Shares in Irish house-building firm Glenveagh Properties jumped by more than 2% on the back of a strong trading update showing a surge in the company’s revenues and house sales during 2019.

Ahead of the publication of its 2019 annual results at the end of next month, Glenveagh said it generated revenues of approximately €284m last year, up by nearly 240% on the previous 12 months.