Cairn Homes Plc Reports Strong 2025 Results with Plans for Increased Housing Output

Cairn Homes Plc has announced robust preliminary financial results for 2025, with revenue rising by 10% to €944.6 million, up from €859.9 million in 2024. The company achieved a significant 35% increase in its closed and forward order book to 3,452 units, valued at €1.32 billion. This growth underpins Cairn's strategy to boost its housing output by 35% over two years, with plans to deliver 6,000 new homes between 2026 and 2027.

The company's operating profit saw a 12% increase to €168.6 million, and its operating margin improved slightly to 17.8%. Basic earnings per share rose to 21.3 cents, and the dividend per share increased by 22% to 10 cents. Cairn continues to focus on managing costs, as evidenced by a slight increase in the average selling price driven by product mix changes.

Looking forward, Cairn remains optimistic about the housing market, supported by robust demand and a constructive policy environment. The company expects revenue and operating profits to further increase in 2026. Cairn is committed to addressing Ireland’s housing needs by leveraging innovative building methods and cost management strategies.