Cairn Homes Plc Reports Strong 2025 Trading Performance

Cairn Homes Plc has released an update on its positive trading performance for the fiscal year 2025. The company is set to announce further updates at its Annual General Meeting in Dublin today. Cairn reports a robust order book with over 3,250 new homes valued at approximately €1.25 billion, up from 2,593 homes in February 2025. This growth is driven by Ireland's governmental support to boost housing output, creating a conducive environment for expansion.

The company's focus remains on first-time buyers, increasing investment in work-in-progress, and developing new forward sale transactions with State partners. Despite concerns over global trade policy changes, Cairn reports build cost inflation below its expected 2% for the year.

For FY25, Cairn anticipates a revenue growth of over 10%, an operating profit of approximately €160 million, and a return on equity of around 15.5%. The company's medium-term outlook remains positive, supported by its robust market position and multi-year order book.