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Sep 2 2026, 07:10 IST/BST
Cairn Homes
FY26 guidance increased and €50m buyback announced
- Sectors : Construction and Housebuilding
- Companies : Cairn Homes
DAVY VIEW
A strong period of operational and financial performance has been confirmed by Cairn Homes this morning. Growth of 75% in operating profit, along with a strong performance in the order book, has led to increased FY26 guidance (operating profit guidance +1.4% versus the midpoint). On the back of strong achieved and expected cashflow, the group has announced a €50m share buyback – a measure of confidence in 2026 and into 2027.
