Cairn Homes profit grows on back of jumping house prices; demand high
(Alliance News) - Cairn Homes PLC on Thursday proposed a higher dividend as it reported sound profit growth as demand for new housing in Ireland remains high.
Read more(Alliance News) - Cairn Homes PLC on Thursday proposed a higher dividend as it reported sound profit growth as demand for new housing in Ireland remains high.
Read moreFriday 23 February | |
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Cairn Homes PLC - Dublin-based housebuilder - Appoints Richard Ball as chief financial officer, effective from April 10. Ball then will join the board at Cairn's annual general meeting on May 10. Incumbent CFO Shane Doherty, who announced his resignation in October, will leave Cairn during the third quarter. Ball currently is a partner at Dublin-based rental property developer Urbeo. He previously was chief investment officer at Hibernia REIT PLC from December 2013 to March 2019.
Read more(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - Cairn Homes PLC on Tuesday said it expects to report revenue growth for 2023 on strong sales and expects to see momentum continue into the new year.
Read more(Sharecast News) - Shares in Cairn Homes rose strongly on Tuesday after the Irish housebuilder predicted a 30% jump in revenues and profits this year as its forward order book more than doubled.
Read moreCairn Homes PLC - Dublin-based housebuilder - Commences EUR35 million extension to ongoing share buyback, increasing the programme's total size to EUR75 million. Company has already returned approximately EUR40 million to shareholders between March 3 and Tuesday, repurchasing 36.7 million shares at an average price of EUR1.09. Says buyback programme may continue until June 30 subject to its ongoing capital requirements, customary termination provisions and to market conditions. Can repurchase a maximum of 76.7 million shares under the programme.
Read moreCairn Homes PLC - Dublin-based housebuilder - Chief Financial Officer Shane Doherty intends to step down after over four years in the role. He will leave Cairn in the second half of 2024, after remaining for up to six months beyond his contractual six-month notice period, to "ensure an orderly succession" and a "smooth transition of responsibilities to his successor after their commencement in the role." Cairn will "imminently" commence its search for a new CFO. Doherty says Cairn "has an exciting long-term outlook," while Chair John Reynolds says: "The health of the business and our financial position today is testament to his diligence, hard work and commitment to Cairn."
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(Alliance News) - Cairn Homes PLC on Tuesday said it generated around EUR215 million in revenue in its first half year and noted the Irish government's "very supportive" housing policy, adding that it expects to deliver another year of growth.
Read moreWednesday 28 June | |
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