Government has right policy mix in place to reach 50,000 new homes a year, Glenveagh chief says - News Summed Up

Government has right policy mix in place to reach 50,000 new homes a year, Glenveagh chief says


Photograph: Damien EagersThe Government has got the “right” policy mix in place to deliver 50,000 homes a year, the chief executive of Glenveagh Homes has said. The company delivered a total of 2,568 new homes last year, up 11 per cent on the previous year but below forecasts. The result indicated ventral costs increased marginally to €50.1 million, which included a non-cash, share-based payment expense of approximately €8.1 million. Net finance costs increased marginally to €18.9 million, driven by higher average debt balances earlier in the year. Earnings per share increased from 17 cent to 20 cent, ahead of guidance and representing a 17.6 per cent year-on-year increase.


Source: The Irish Times March 13, 2026 20:11 UTC



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