Abbey parent company warns on economic outlook

Abbey Homes Wantage

Gallagher Investments reports strong profit and turnover growth for year to April 2022

The parent company of housebuilder Abbey has reported healthy profit and turnover growth in the year to April 30 2022, but warned that economic conditions will impact its current financial year.

Gallagher Investments Ltd reported pre tax profit of £73.8m, up 23% on the previous year, on turnover of £288m, up 9%.

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