Cairn Homes ( (GB:CRN) ) has issued an update.
Cairn Homes plc has reported a positive trading environment for 2025, with significant growth in its operating platform and investment in active sites across Ireland. The company’s strong market position is bolstered by government initiatives aimed at increasing housing output. Cairn’s sales pipeline has grown to approximately 3,250 new homes, valued at €1.25 billion, reflecting robust demand across multiple tenures. Despite global trade policy uncertainties, build cost inflation remains below expectations, and the company anticipates revenue growth exceeding 10% and an operating profit of around €160 million for FY25. The outlook remains optimistic, supported by a scaled operating platform and a multi-year order book.
More about Cairn Homes
Cairn Homes plc is an Irish homebuilder focused on constructing high-quality, competitively priced, sustainable new homes and communities in prime locations. The company emphasizes customer-centric design and exceptional service throughout the home-buying process. Cairn owns a substantial landbank primarily in the Greater Dublin Area, ensuring excellent public transport and infrastructure links.
Average Trading Volume: 1,409,516
Technical Sentiment Signal: Buy
Current Market Cap: £1.06B
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