Readymix today posted pretax profits of €42.6 million for 2006 in what was an increase of 32 per cent on 2005 figures.
Earnings per share at the building materials company rose 49 per cent to 33.89 cent from 22.68 last year.
Readymix chairman Adrian Auer said the results were "very encouraging" and "provide evidence of progress in reshaping operations".
The board will recommend a final dividend of 6.11 cent per share for approval at the next agm, which will increase total dividend for the year to 7.76c per share, a 10 per cent increase on 2005.