Cairn Homes Plc: 2025 AGM Trading Update
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Cairn Homes Plc (CRN)
2025 AGM Trading Update
Dublin / London, 8 May 2025: Cairn Homes plc (‘Cairn’, ‘the Company’ or ‘the Group’) (Euronext Dublin: C5H / LSE: CRN) is holding our Annual General Meeting (‘AGM’) today at 12.00 noon at The Merrion Hotel, Merrion Street Upper, Dublin 2 and in advance provides the following update on current trading for FY25.
Current Trading
Outlook
The Company is confident in our FY25 guidance:
Supported by the strength of our market position, scaled operating platform and multi-year order book, the medium-term outlook for the Company is positive.
Cairn will release a H1 2025 trading update in July 2025 in advance of 2025 interim results on 3 September 2025.
Commenting on the trading update, Michael Stanley, CEO, said:
“We’ve experienced sustained, positive momentum since the start of the year, as evidenced by the growth in our order book to over 3,000 new homes. This is our 10th year in business and my colleagues and I are genuinely proud that over 30,000 people now live in a Cairn built home. As we embark on our second decade, our commitment to scale our delivery of high quality, energy efficient homes, in line with our core values, is stronger than ever.”
For further information, contact:
Cairn Homes plc +353 1 696 4600 Michael Stanley, Chief Executive Officer Richard Ball, Chief Financial Officer Ailbhe Molloy, Investor Relations Manager
Drury Communications +353 1 260 5000 Billy Murphy Claire Rowley Gavin McLoughlin
Notes to Editors Cairn is an Irish homebuilder committed to building high-quality, competitively priced, sustainable new homes and communities in great locations. At Cairn, the homeowner is at the very centre of the design process. We strive to provide unparalleled customer service throughout each stage of the home-buying journey. A new Cairn home is expertly designed, with a focus on creating shared spaces and environments where communities thrive. Cairn owns a c.16,150 unit landbank across 38 residential development sites, over 90% of which are located in the Greater Dublin Area (GDA) with excellent public transport and infrastructure links.
1 Forward fund transactions involve Cairn delivering new homes under a contractual relationship where the land is sold up-front and the cost of delivering the new homes is paid on a phased basis. 2 ROE (Return on Equity) is defined as Profit after Tax divided by Total Equity at year end. Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. |
| ISIN: | IE00BWY4ZF18 |
| Category Code: | TST |
| TIDM: | CRN |
| LEI Code: | 635400DPX6WP2KKDOA83 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 386901 |
| EQS News ID: | 2132606 |
| End of Announcement | EQS News Service |
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