Companies

Cairn Homes’ revenues hit €666m as sales momentum grows

The Michael Stanley-led company’s annual results showed an operating profit of €113.4 million, a 10 per cent rise

Cairn Homes began construction on more than 2,100 new homes in the year, a 21 per cent rise on 2022. Picture: Bloomberg

Revenue at listed builder Cairn Homes hit €666.8 million, up 8 per cent, last year as the firm highlighted “significant momentum” resulting in 1,741 sales.

Construction on more than 2,100 new homes started in the year, a 21 per cent rise on 2022.

The Michael Stanley-led company’s annual results showed an operating profit of €113.4 million, a 10 per cent rise.