Glenveagh Properties

Additional €50m buyback announced along with increased FY26 guidance

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties

Ratings and price correct at time of issue.

  • Glenveagh Properties

    Closing Price: 249c

  • RATING 10/11/17

  • PREVIOUS RATING N/A

DAVY VIEW

In what will be a H2-weighted year, as expected Glenveagh is very well set up to deliver strong volumes in the second half. A strong WIP position (€505m, up 46% year-on-year) along with high growth in the order book (+29% to €1.8bn) have led to the company upgrading FY26 volume guidance by c.5% and also improving EPS guidance.

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Sep 10 2026, 07:19 IST/BST

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