Construction group Sisk has reported pre-tax profits for 2006 of €81.8m, up 15% when exceptional items were stripped out. Group turnover grew by 11% to almost €1.7 billion.
Turnover in the construction division rose by 9%, and chairman Bernard O'Connell said business remained 'buoyant' despite increasing competition.
Turnover in John Sisk & Son Ireland was €1.2 billion, while turnover in the civil engineering business jumped by 67% to almost €100m.
Sisk has been trying to diversify its business and has acquired five healthcare businesses over the past 15 months. It expects healthcare turnover of around €100m this year. The firms it has bought supply medical equipment and devices.
Sisk says the group's balance sheet is strong and it is looking for 'high quality' acquisition opportunities.