TIDMABBY

RNS Number : 0486H

Abbey PLC

02 June 2017

Abbey PLC

Trading Update

For the year ending 30(th) April 2017 Abbey PLC has completed 586 House Sales (UK 495, Czechia 52 and Ireland 39).

Group turnover for the year has fallen moderately short of last year's EUR220m. Higher average sale prices and continuing strong margins mean operating profit should be in the region of last year's levels.

Forward sales for the group are at good levels and both the UK and Ireland are planning to build and sell more New Homes in the year ahead.

Full year results should be available in the week beginning 10(th) July.

Enquires

 
 Abbey Plc:              Davy: 
  David Dawson            Brian Garrahy 
  Tel: +44 1707 651266    Tel:+ 353 1 679 6363 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

June 02, 2017 09:26 ET (13:26 GMT)

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