Cairn Homes

Another upgrade to guidance and increases in order book

  • Sectors : Construction and Housebuilding
  • Companies : Cairn Homes

Ratings and price correct at time of issue.

  • Cairn Homes

    Closing Price: 113c

  • RATING 26/08/15

  • PREVIOUS RATING N/A

DAVY VIEW

Strong demand through the summer has seen Cairn Homes add 220 units to its order book since the start of July. The company will deliver an additional 50 units above its previous guidance in the FY21-22 period, and the new operating profit guidance implies a 7% upgrade to our numbers is likely across those two years in aggregate.

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Sep 9 2021, 07:15 IST/BST

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