TIDMABBY

RNS Number : 9191P

Abbey PLC

01 June 2018

Abbey PLC

Trading Update

For the year ending 30(th) 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 9(th) July.

Enquires

Abbey Plc:

David Dawson

Tel: +44 1707 651266

Davy:

Brian Garrahy

Tel:+ 353 1 679 6363

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END

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June 01, 2018 02:00 ET (06:00 GMT)

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