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Abbey completed 606 house sales in year to April

Abbey completed 75 house sales in Ireland in the year to the end of April
Abbey completed 75 house sales in Ireland in the year to the end of April

Housebuilder Abbey has said that group turnover for the year is at similar levels to last year, however, somewhat lower margins mean operating profit will fall short of last year's return.

In a brief trading statement, the company said that in the year to the end of April, it had completed 606 house sales - 524 in the UK, 75 in Ireland and seven in the Czech Republic (Czechia). 

This compares to 586 house sales in the previous year - 495 in the UK, 39 in Ireland and 52 in Czechia.

Abbey said that forward sales for the group are "satisfactory".

It added that its housing division is on target to build and sell more new homes in the year ahead.