Cairn Homes

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]

Cairn Homes PLC
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

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. "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.


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