skip to main content

Buys lift Siteserv's interim profits

Siteserv, the Dublin-listed company which provides products for the building sector, has reported that its pre-tax profits almost doubled in the six months to the end of October.

Pre-tax profits were just under €4.8m, as revenues also doubled to €35.5m, boosted by a number of acquisitions. Adjusted earnings per share rose by 37% to 4.1 cent.

Profits at Siteserv's Access division jumped by 70% to €5.6m while its new infrastructure and utilities division made a profit of €1.3m.

Siteserv shares closed up four at 46 cent in Dublin.