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Cairn Homes

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Cairn Homes PLC
Company typePublic limited company
IndustryConstruction and Real Estate Development
Founded12 November 2014 (IPO 10 June 2015)
HeadquartersDublin, Ireland
Key people
Michael Stanley, CEO[1]
Alan McIntosh, Founder
ProductsResidential houses and apartments
Revenue€435.3 million (2019)
€68.0m (2019)
Websitewww.cairnhomes.com

Cairn Homes is an Irish house-builder and developer focusing on the Greater Dublin Area and other major urban areas of Ireland. The company is listed on Euronext Dublin and is a constituent member of the ISEQ 20 with a market capitalisation of €972m as of 20 February 2020.[2][3]

The company completed the sale of 1,080 residential units in 2019 making it the largest residential construction company in Ireland by number of units completed.[2][4]

The company also has a secondary listing on the London stock exchange.[5]

Financial Performance

Year Revenue
in mil. EUR
Gross Profit
in mil. EUR
Operating Profit
in mil. EUR
Unit Sales Completed
2016[6] 40.9 7.1 2.3 105
2017[7] 149.5 27.1 14.5 418
2018[8] 337.0 69.1 53.2 804
2019[9] 453.3 85.3 68.0 1,080

References

  1. ^ "Cairn Homes - Who We Are". www.cairnhomes.com. 20 February 2020. Retrieved 20 February 2020.
  2. ^ a b "Cairn Homes revenue and profit rises as average selling price jumps". www.cityam.com. 3 March 2020. Retrieved 11 March 2020.
  3. ^ Williams, Aime. "Strong demand in Dublin boosts housebuilder Cairn Homes". ft.com. Retrieved 18 June 2020.
  4. ^ "Profits jump 28pc at Cairn Homes as average selling price increases". www.independent.ie. 3 March 2020. Retrieved 11 March 2020.
  5. ^ "Housebuilder Cairn Homes raises over €400m in LSE debut". www.irishtimes.com. 10 June 2015. Retrieved 11 March 2020.
  6. ^ "2016 AR" (PDF). cairnhomes.com. Retrieved 18 June 2020.
  7. ^ "2017 AR". cairnhomes.com. Retrieved 18 June 2020.
  8. ^ "2018 AR". cairnhomes.com. Retrieved 18 June 2020.
  9. ^ "2019 AR". cairnhomes.com. Retrieved 18 June 2020.