AIB chairman Dermot Gleeson has told shareholders that the bank has made a strong start to 2004, and is set to record double-digit earnings growth in its operating divisions.
At the AGM in Dublin, he said adjusted earnings per share would show mid-single digit growth.
Mr Gleeson also said the board was disappointed by the market's reaction to its annual results, which were hit by the strength of the euro and other one-off items. The shares fell sharply after the results.
The AIB chairman said that though the results were 'complex, even confusing', they were within market expectations.
