Cairn Homes Earnings Call Transcripts
Fiscal Year 2025
-
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.
-
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
-
Record revenue and profit growth in 2024 driven by strong housing demand, disciplined cost management, and strategic land investments. Outlook for 2025 remains robust with double-digit revenue growth expected, supported by a large order book and favorable market conditions.
-
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.