Sparks commentary - Cairn Homes

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Sparks - Cairn Homes

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Cairn Homes (LSE: CRN) – Positive AGM statement
Published by Andy Murphy

The Irish market remains supportive of the house building sector and Cairn Homes has continued to scale the business into the opportunity, supported by the new government’s growth agenda. Closed and forward sales stand at 3,250 new homes, with a new sales value of €1.25bn, which is up considerably on the 26 February figure of 2,593 homes, with a value of €989m. Build cost inflation remains below guidance and the company is confident of achieving existing FY25 guidance.

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