Cairn Homes posts strong 2019 figures

By David Parsley2020-03-03T07:55:00

Cairn Homes co founders Michael Stanley and Alan McIntosh

One of the Ireland largest housebuilders, Cairn Homes, has posted a 28% rise in annual operating profit to €68m (£59m).

Revenue increased by 29% during 2019 to €435.3m, as the group sold 1,080 home at an average selling price of €372,000, up from the previous year when it closed 804 sales at an average price of €366,000.

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