Concrete products group Readymix has said its losses for the first half of this year are likely to only slightly smaller than the same period last year.
In a trading update, it said total revenue in the first half was down 29% from a year earlier.
It is expecting a trading loss of €6.1m and a pre-tax loss of €6.6m for the six months. In the first half of last year, Readymix made a pre-tax loss of €6.9m.
The company said that, due to the tough economic conditions, particularly in the construction sector, it did not expect an improved performance for the second half of 2010.
