Financials

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Harworth Group

Sale of a 16-acre residential land parcel to Taylor Wimpey

Harworth’s announcement of a 16-acre residential land parcel to Taylor Wimpey at a premium to the end-2023 book value proves that, notwithstanding a slower residential market, its...

Irish economy

On the cusp of rapid growth

The Irish economy accelerated into 2024 and is on the cusp of rapid growth, helped by lower inflation. Foreign direct investment (FDI), high-skilled job creation and a rising population...

Harworth Group

Resolution to grant planning secured for 1.5m sq. ft. of industrial and logistics space

Harworth’s announcement that it has secured a resolution to grant planning permission at Gascoigne Interchange is a clear example of the group’s strengths. First, its aptitude to...

Banks

Rebound in April mortgage approvals

Mortgage approvals rebounded in April, with year-to-date (ytd) approvals now broadly flat on both a value and volume basis. This supports our view that an early Easter impacted March...

Harworth Group

AGM statement in-line; continued progress being seen across the portfolio

Harworth Group’s AGM trading statement acts as a reminder of the momentum within the portfolio, with the group still on track to reach the £1bn EPRA valuation by end-2027. Harworth’s...

FBD Holdings

In-line trading; continued good growth in Gross Written Premium

Overall, FBD’s trading update is in line with expectations from the FY 2023 results; however, the ongoing growth in Gross Written Premium (GWP) does highlight the strategic success in...

permanent tsb Group

Q1 in line with expectations

PTSB’s Q1 trading update is in line with expectations. While net lending is modestly lower, the roll-out of new products and changes to the existing line-up should support recovery from...

Irish banks and housebuilders

Sinn Féin investor briefing

In a recent briefing with Davy, Sinn Fein’s Pearse Doherty said that the party recognises the key strengths of the Irish economy and the need to maintain policies to support key...

Irish banks

Q1 previews and model updates

The investment thesis on Irish banks remains unchanged – strong capital starting positions and returns above company medium- term targets will support above sector distributions. The...

Banks

Bank of Ireland introduces BER-tailored mortgage rates

The introduction of mortgage rates tailored to the energy rating of a house is a logical extension of green mortgage products and acknowledges that not all properties will be capable...