In its trading update for 2022, Cairn Homes says it has delivered over 1,500 new homes during the year, with Ireland’s largest homebuilder recording a 46% rise in revenues.
Construction News, Latest, NewsIn a trading update for the year to the end of December 2022, Cairn Homes says that it expects its turnover to come in above €600m, with 1,500 closed new homes sales from active sites which have full planning permission.
The homebuilder stated that after a disruptive first half of 2021 with site closures due to Covid-19 restrictions, the second half of the year was its strongest ever performance in terms of new homes sold, margin progression, profitability and cash generation.
Construction News, Latest, News