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Housing Today
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Abbey parent firm sees profit double
Owner of Anglo-Irish housebuilder charts recovery in latest results
The parent company of Anglo-Irish housebuilder Abbey saw its profit nearly double in results for the year to April 2021 as the market recovered from the initial impact of the covid pandemic.
According to results for Gallagher Investments Ltd filed at Companies House, the group recorded a consolidated pre-tax profit of £60.1m for the year, up 84% on the £32.6m reported in 2020.
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