Cairn Homes reports a significant revenue and profit surge in 2024, despite falling home prices.

Irish homebuilder Cairn Homes reported a 29% rise in revenue to €860 million and a 32% increase in operating profit to €150 million in 2024, despite a drop in average home prices. The company built 29% more homes, totaling 2,243 units, and plans significant growth in 2025 with ten new launches. CEO Michael Stanley stressed the need for increased investment in affordable housing.

2 months ago
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