Concrete products group Readymix has said it expects to report a pre-tax loss of €15m for this year. This is an improvement on the €47m loss reported last year.
In a trading update, it said it expected underlying trading losses of €12m, compared with €21m of operating losses last year.
Readymix said revenue was expected to be 40% lower than in 2008, reflecting the continuing problems in the construction sector.
The board said it expected further trading losses in 2010, but these would be lower than this year's.
