Cairn shares fall 2.7% after co-founder announces departure

Finance

Source: freeimages.com

Shares in Cairn Homes fell 2.7% on Tuesday to €1.51 after co-founder Alan McIntosh announced he is stepping down from his executive role as the homebuilder revealed surging first-half profit for the first half of the year.

McIntosh will stay on at the company as a non-executive director. 

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