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3 Mar 2022 16:15
IN BRIEF: Cairn Homes celebrates 5,000 houses built as profit soars
Cairn Homes PLC - Dublin-based property developer - Steps up shareholder returns as profit multiplies in 2021. Reports EUR50.2 million pretax profit, up from EUR14.8 million in 2020, as revenue surges 62% to EUR424.0 million from EUR261.9 million. Declares 2.8 euro cent final dividend for a 5.5 cent full-year payout, versus none in 2020. Has completed EUR23.1 million of the EUR75 million share buyback announced back in January. Also plans a minimum return of EUR40 million in dividend payments in 2022, the same as in 2021.
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