Abbey witnesses good trading throughout summer months

4th Oct 2019 13:03

(Sharecast News) - Property development firm Abbey told investors at its annual general meeting on Friday that trading over the summer months had been "good".
Abbey said that in Southern England, its projects had continued to sell steadily, supported, as in previous years, by the UK government's "Help to Buy" programme.

Over in Ireland, activity was now "steadily increasing", with the AIM-listed group's project in Dunshaughlin trading "especially well" over the summer.

"Our recent launch in Kilcarn, Navan was well received. Our project in Moathill, Navan is now underway," added Abbey.

Overall, Abbey said it was on track for "a satisfactory year".

As of 1355 BST, Abbey shares had slipped 2.82% to 1,239p.