Heiton Holdings Ltd has recorded another year of double digit growth with group turnover up 15.8% to £222.1m and pre-tax profits up 13.2% to £13.3m.
Leo Martin, chief executive of the Dublin-based company, said: ‘Timber is still a very strong part of our portfolio in the Irish market, representing 35% of our turnover, and it will certainly continue to be centre stage for us.
‘One of the success stories has been the Panelling Centre which we bought in April 2000 which has achieved an 18% increase in sales. We have had seven years of incredible growth in construction so we are at an extremely high plateau and I don’t think we will see double digit growth continue. But there is more confidence in timber in construction and that will continue to grow.’
