Cement group Readymix has signalled that its pre-tax profits grew by around 28% last year compared with 2005.
In a trading statement, the company attributed the growth to favourable economic conditions and the benefits from 'a range of performance improvement initiatives'.
Company chairman Adrian Auer said the board was pleased with the progress made in the turnaround of the company, whose majority shareholders is now Mexican group Cemex.
Shares in Readymix closed up one cent at €2.70 in Dublin this evening.
