Cairn Homes PLC - Dublin-based housebuilder - Backs 2024 guidance, predicting operating profit of EUR145 million, a rise of 28% from EUR113.4 million. Cairn Homes adds: "The demand backdrop for our well located, energy efficient new homes remains exceptionally high across all tenure types. In our core first time buyer market, State supports for our customers, a more favourable mortgage market and the limited supply of competitively priced starter homes are driving the positive momentum in our business."
Current stock price: 143.60 pence
12-month change: down 0.4%
By Eric Cunha, Alliance News news editor
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Cairn Homes (CRN)