-+ 0.00%
-+ 0.00%
-+ 0.00%

Glenveagh Properties Posts Drop in H1 Profit, Revenue

MT Newswires·09/10/2026 02:36:17
Listen to the news
02:36 AM EDT, 09/10/2026 (MT Newswires) -- Glenveagh Properties (GVR.IR, GLV.L) said Thursday its profit and revenue for the first half declined year over year. Profit after tax for the six months ended June 30 was 498,000 euros, compared with 28.4 million euros a year ago. EPS moved to 0.001 euro from 0.052 euro. The Irish homebuilder's revenue was 239.7 million euros, compared with 341.6 million euros earlier. Looking ahead, the company upgraded its guidance for its EPS to reach at least 0.21 euro from the previous outlook of up to 0.21 euro.