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Cairn Homes H1 Pretax Profit Rises; Revenue Up 67%

Cairn Homes plc (CRN.L) reported first half profit before tax of 54.4 million euros compared to 24.3 million euros, last year. Earnings per share, in cent, was 7.2 compared to 3.0. Revenue was 366.1 million euros, up 67%.

Michael Stanley, CEO, said: "The company has delivered a stellar half-year performance across all key metrics, most importantly in housing delivery with our turnover increasing by 67% year-on-year. By the end of this year Cairn will have delivered over 9,500 energy efficient new homes to our customers across Ireland."

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by RTTNews Staff Writer

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