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McInerney announces 43% proft increase

24/02/2005 - 07:52:36
ISEQ-listed construction company McInerney Holdings has announced an increase in pre-tax profits of 43% for the year ended December 31, 2004.

The pre-tax figure was €40.74m, up from €28.46m in 2003.

Earnings per share were up 46% to 106.43c, compared to 72.83c in 2003.

Profit after tax was up from €23.81m to €35m.

McInerney announced that it built 1,614 private homes last year across all operations, an increase of 9% on 2003.

McInerney shares opened at €8.08 this morning.

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