Glenveagh delivers €46m profit on back of 1,150 home completions

Housing output grew 36% on pre pandemic levels

Glenveagh CEO Stephen Garvey: 'We remain well-placed to deliver on our ambition of scaling the business to 3,000 units per annum.'

Glenveagh recorded a €46m profit last year as it completed 1,150 new homes despite the 13-week lockdown on the industry.

One of Ireland's largest housebuilders, Glenveagh said they plan to deliver 1,400 suburban units, along with construction activity on a further 500 apartments and the Premier Inn hotel this year.