Glenveagh Proprties PLC

Scale & Collaboration

Annual Report and Accounts 2024

A profitable year with good future prospects

2024 was a landmark year for Glenveagh. We scaled the delivery of high-quality sustainable homes, embedded innovations and efficiencies across our operations, and established Glenveagh as a preferred public sector partner. We are confident in our ability to sustain the excellent momentum we have built, delivering for all of our stakeholders.

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At a Glance

Financial Highlights

Revenue

Adjusted Operating Profit

EPS

Carrying value of land

Operational Highlights

No. of suburban units sold

Forward order book

Customer satisfaction

H&S Audit Score

Our integrated approach

Our vision is that everyone should be able to access affordable, high-quality homes in flourishing communities across Ireland.

In order to achieve this, a clear vision, collaborative culture, and shared values shape our progress and guide our success. Our operational excellence and financial strength ensure we generate social and economic value for our customers, employees, communities, shareholders, suppliers, and regulators.

Furthermore, our focus on sustainability has contributed to the environment by cutting emissions and providing better, energyefficient housing with a lower carbon footprint. It also adds financial value by unlocking improvement in margins and returns.

CEO’s Statement

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Stephen GarveyChief Executive Officer

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