4 Oct 2019 11:07
Abbey "Pleased" With Summer Trading And Expects "Satisfactory" Year
Abbey "Pleased" With Summer Trading And Expects "Satisfactory" Year
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
ABBY.L Share News (ABBY)
ABBY Share
Price
ABBY Share
News
ABBY Share
Chat
ABBY Share
Trades
ABBY
Live RNS
ABBY Share
Charts
ABBY Broker
Ratings
ABBY Directors
Deals
ABBY Financial
Diary
ABBY
Fundamentals
ABBY Short
Positions
ABBY
Media
ABBY.L Information
- There is currently no data for ABBY
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Housebuilding and plant hire boost Abbey H1 pre-tax profit
Fri, 05th Dec 2014 10:30
Holding group Abbey said strong sales in the housebuilding division and good trading in its UK plant hire arm boosted pre-tax profit in the first half.Pre-tax profit in the six months to the end of October rose from €7.7m to €16.7m.Revenue in the firm's housebuilding division rose from €39.3m to €62.6m, while operating profit grew from €5.3m to €14.7m. In the first half of the year, 225 properties were sold by the division, compared with 163 sales in the corresponding period last year.Of the sales, 205 were in the UK, 15 in Ireland and five in the Czech Republic."Strong margins are a notable feature and should be sustained into the next half year. Forward sales are particularly encouraging," the firm said in a statement on Friday."Some shortages of labour and materials may impact production in the second half. Pressure on costs continued to be a feature of the market."Meanwhile, the firm's plant hire business saw its operating profit rise from €0.64m to €1.4m, as revenue grew from €6.9m to €9.4m."The group maintained good cash flow during the period and held €38.85m in cash together with €24.10m in UK government debt at the end of October", the group said.Abbey declared a dividend of 5 cents per share, which will rise to 11 cents per share once the 6 cents per share dividend approved at its annual general meeting in October is factored in.The firm added the outlook remained positive and sales were strong."The immediate outlook is positive. Our sales in South East England continue to be strong. In the medium term prospects are more uncertain, however, for this year the group is on track for a good result," it said.Abbey shares were up 4.09% to 890.00p at 11:07 on Friday.
More News
27 Sep 2019 16:12
UK Shareholder Meetings Calendar - Next 7 Days
UK Shareholder Meetings Calendar - Next 7 Days
Read more11 Jul 2019 11:07
Abbey Outlook Uncertain As Increased Costs Hurt Annual Profit
(Alliance News) - Abbey PLC on Thursday reported a 9.6% decline in profit in its most recently ended financial year due to higher costs.The residential housing developer said pretax profit
Read more13 May 2019 12:05
Abbey Expects Drop In Annual Profit On Lower Margins
LONDON (Alliance News) - Abbey PLC on Monday said it expects annual revenue to be ahead of last year but warned on lower operating profit due to falling margins.For the year ended April 30,
Read more23 Jan 2019 14:22
Housebuilder Abbey Appoints Avril Gallagher As Non-Executive Director
LONDON (Alliance News) - Abbey PLC on Wednesday said it appointed Avril Gallagher as a non-executive director and a member of the audit and remuneration committees.Gallagher is currently an
Read more7 Dec 2018 11:20
Abbey Declares Special Dividend As Revenue, Profit Rise In First Half
LONDON (Alliance News) - Abbey PLC on Friday expressed confidence in achieving "reasonable" results in its full financial year after its profit grew in the first half.The housing
Read more7 Dec 2018 08:06
High build costs limit Abbey profits growth
(Sharecast News) - Housebuilder Abbey reported on Friday that its interim profits crept up in the face of high pressure from labour and material costs.
Read more5 Oct 2018 10:52
Abbey Makes Steady Trading Over Summer Period, In Good Annual Position
LONDON (Alliance News) - Property development company Abbey PLC said on Friday that trading over the summer period was steady.In the southern England region, sales held up well due to the a
Read more28 Sep 2018 16:33
UK Shareholder Meetings Calendar - Next 7 Days
UK Shareholder CalendarMonday 1 OctoberVedanta ResourcesEnquest (re Magnus acquisition
Read more1 Jun 2018 09:36
Abbey Expects Flat Annual Revenue, Lower Margins To Hit Profit
LONDON (Alliance News) - Abbey PLC said Friday it expects operating profit for its most recently ended financial year to fall short on the year before's on the back of lower margins.The
Read more20 Sep 2016 09:09
Lack of land availability drags on smaller housebuilders
(ShareCast News) - The biggest barrier for two-thirds of small and medium sized building firms was the lack of available land, according to a new industry survey, which has resulted in a skewing of the market towards larger operators in recent decades. For the second year in a row, small and medium-
Read more21 Jul 2016 16:09
Director dealings: Abbey's founding Gallagher family adds to stake
(ShareCast News) - Construction group Abbey's controlling Gallagher family has further built up its stake in the company with a €756,000 purchase a week after a robust set of full year results. The Gallagher Holdings family vehicle, which is represented on the board by Charles Gallagher Jnr, Abbe
Read more2 Nov 2015 09:34