Added to YB: 2024-11-13
Pitch date: 2024-09-30
GLV.L [bullish]
Glenveagh Properties PLC
+8.82%
current return
Author Info
No bio for this author
Company Info
Glenveagh Properties PLC, together with its subsidiaries, constructs and sells houses and apartments for the private buyers, local authorities, and the private rental sector in Ireland.
Market Cap
EUR 803.8M
Pitch Price
EUR 1.58
Price Target
N/A
Dividend
N/A
Sector
Household Durables
Category
value
Artisan International Explorer Fund Portfolio Holding: Glenveagh Properties PLC
GLV.L: Irish homebuilder with robust outlook, executing well. Expects substantial growth due to solid pipeline & undersupplied market. Resumed share buybacks at <10x P/E. Ireland's €25B budget surplus bodes well for sector. Favorable housing policies expected. Strong macro tailwinds support bottom-up investment thesis.
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