Housebuilder Glenveagh expects to deliver almost 3,000 homes this year

In its earnings report for 2023, the company posted operating profit of €71m, a 1% increase on 2022, while group revenue reached €608m.

Housing revenue increased to €471m, up 4% on €454m in the previous year. Pic: Eamonn Farrell/RollingNews.ie

Housebuilder Glenveagh said it will deliver 2,700 new homes this year despite slow earnings growth as the construction sector remains volatile.

In its earnings report for 2023, the company posted operating profit of €71m, a 1% increase on 2022, while group revenue was largely the same at €608m.