2020 numbers will be clearly ahead of our forecasts (15% on a gross profit basis), driven by a better volume outcome and some non-core land sales. The order book is also strong, with c.55% of our forecasted volume for 2021 already forward sold.
Davy research
Davy ResearchMarket comment - Irish house price inflation turning positive again
Davy ResearchUK Building Distribution and Products - 2020 forecasts upgraded (again); Grafton remains top pick
Davy ResearchAssociated British Foods - Adjusting forecasts – strength of Primark model intact
Davy ResearchMalin Corporation - Immunocore files for IPO
Davy ResearchMarket comment - Export sector continues to hold up Irish GDP growth
Davy ResearchFBD Holdings - FCA business interruption appeal implications
Davy ResearchMarket comment - ECB unlikely to change policy next week