Investor Presentaiton
Investment growth
► Business sentiment has
improved over past few years
►2/3 of firms plan to grow business
in next 1-3 years
▶ FDI inflows - investments up 4.5% in H1 '16
► Construction supported by continued
residential and commercial demand
► Brexit uncertainty may weigh
on confidence
15,000
12,000-
9,000-
6,000-
3,000
0+
2012
Investment
2016f: 8.0%
2017f: 7.0%
Export outlook
Export growth continuing
Bank of Ireland Group
Positive momentum:
▶ Demand from key trading partners -
US & EA - remains positive
► Past competitiveness gains providing
support
Some headwinds:
Unfavourable exchange rate
movements since start of 2016
▶ Impact of Brexit on UK growth
Competitiveness Gains
Exports
2016f: 4.8%
2017f: 3.8%
Housing Completions Up
%
20
15.
10-
Improving
5
0
-5-
-10-
-15-
-20-
2013
2014
2015
Ireland
Graphs show number of completed housing units per year
Source: Department of Housing, Planning, Community and Local Government
Spain
EA
Deteriorating
Belgium
UK
Germany
Graph shows change in unit labour costs 2009-2017.Source: EU Commission
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