StockMarketWire.com - Irish homebuilder Glenveagh Properties reported a fall in annual revenue as Covid-19 restrictions weighed on sales and house prices.

For the year ended 31 December 2020, revenue fell to €232 million from €284 million as completions slipped to 700 from 844.

The average selling price was €311,000 down from €321,000 reflecting the group's focus on suburban starter-home schemes.

The company said it concluded 2020 with 'considerable momentum and strong visibility on our target unit deliveries of 1,150 units for 2021.


At 8:40am: [LON:GLV] Glenveagh Properties Plc share price was 0p at 0.83p



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