Glenveagh Properties

Confident in another year of high growth

  • Sectors : Construction and Housebuilding
  • Companies : Glenveagh Properties

Ratings and price correct at time of issue.

  • Glenveagh Properties

    Closing Price: 149c

  • RATING 10/11/17

  • PREVIOUS RATING N/A

DAVY VIEW

After a year of exceptional profit growth in 2024, the business has significant visibility to deliver a further double-digit growth in EPS in 2025. Glenveagh is not just well positioned in the new homes market, it is an industry leader in off-site manufacturing and efficient construction methods. Its current equity price (implying c.1x book value) considerably understates the company’s true value.

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Mar 13 2025, 07:10 GMT

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