Abbey PLC Trading Update
For the year ending 30th April 2018 Abbey Plc has completed 606 house sales (UK 524, Ireland 75, Czechia 7). The comparative figures for the previous year were 586 house sales (UK 495, Ireland 39, Czechia 52).
Group turnover for the year is at similar levels to last year, however, somewhat lower margins mean operating profit will fall short of last year’s return.
Forward sales for the group are satisfactory and the housing division is on target to build and sell more new homes in the year ahead.
Full year results should be published in the week beginning 9th July.
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