In Brief: €8m accumulated profit at Cosgrave
Dublin housebuilder Cosgrave Property Developments has again reported accumulated profits of close to €8m, according to accounts to the end of April 2012 filed with the Companies Registration Office.
The company is part of the much bigger Cosgrave Group, controlled by brothers Joseph, Peter and Michael Cosgrave.
The business made a small loss on turnover of €1.4m last year, according to the accounts.
However, accumulated profits stand at €7.9m The brothers are reckoned to be one of NAMA's biggest debtors and are best known for major Dublin housing schemes, such as the €300m development of the former Dun Laoghaire golf club.
German morale up for third month
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Net income up at Procter & Gamble
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