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Cairn Homes reports Q1 2025 profit down 30%, yet forecasts 2025 revenue of €945M and 2026 revenue over €1B.
Irish homebuilder Cairn Homes reported a 30% drop in profit to €31.7 million for the first half of 2025, with revenues down 22% to €284.5 million.
Despite these declines, the company projects strong growth, anticipating €945 million in revenue and an operating profit of up to €165 million for the full year.
For 2026, Cairn Homes predicts revenues of over €1 billion and an operating profit of between €175 million and €180 million.
The company also announced a recommended interim dividend of 4.1 cent per share.
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Cairn Homes informa que el beneficio del primer trimestre de 2025 se redujo en un 30%, pero pronostica un ingreso de 945 millones de euros en 2025 y un ingreso de más de 1 mil millones de euros en 2026.