Monday 21 October 2019

Mount Anvil profits decrease to €10m

The firm last year delivered 380 homes, including 157 private homes. Photo: Stock Image
The firm last year delivered 380 homes, including 157 private homes. Photo: Stock Image

Gordon Deegan

The Mount Anvil property group controlled by the Cork-based Hurley family last year saw its pre-tax profits decrease by 11pc to £9.04m (€10m).

New accounts filed by the London-based group show that it recorded the decline while revenues increased by 7pc to £241.2m from £225.46m.

The company is led by Corkman and UCC graduate, Killian Hurley, who commutes each week from his Cork home to London's Canary Wharf to run the property group.

The firm last year delivered 380 homes, including 157 private homes.

The average selling price of a private build was £840,000, compared with £1.179m in 2017.

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