Cairn Homes Earnings Call Transcripts
Fiscal Year 2025
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Delivered strong FY2025 results with revenue up 10% to €945 million, improved margins, and a growing order book. Upgraded FY2026 guidance and targeting 6,000 new homes over two years, supported by robust demand, disciplined capital allocation, and favorable policy trends.
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Delivered strong H1 2025 results with €284.5 million revenue and 22.2% gross margin, upgraded FY 2025 profit guidance, and issued robust 2026 outlook. Strategic land acquisitions, regional expansion, and government policy alignment support continued growth.
Fiscal Year 2024
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Record revenue and profit growth in 2024, with strong order book and robust guidance for 2025. Strategic land acquisitions, disciplined capital allocation, and a focus on sustainability underpin continued expansion, while policy and planning reforms remain key industry factors.
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Record H1 2024 results with 67% revenue growth, strong margins, and robust order book. Guidance reaffirmed for 2,200 unit closings and 15% ROE, supported by disciplined capital allocation, stable build costs, and continued investment in sustainability and land strategy.