Glenveagh Properties

Expect a FY25 profit beat and forecast upgrades; €25m buyback announced

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties

Ratings and price correct at time of issue.

  • Glenveagh Properties

    Closing Price: 190c

  • RATING 10/11/17

  • PREVIOUS RATING N/A

DAVY VIEW

Strong margin performance across the businesses has more than offset a modest top-line miss. Profit for FY25 is likely to be 2-3% ahead of current expectations and upside risk to forecasts in the medium term is likely. The business continues to see exceptionally strong demand for its homes and is well positioned for the year ahead. A new €25m share buyback will begin today.

Download full report with analyst certification and important disclosures

Jan 15 2026, 07:10 GMT

Download