First-time buyers availing of Government grants now represent around 50 per cent of Cairn Homes’s customer base, chief executive Michael Stanley said on Wednesday. He also said it was too early to judge how much of price shock the current Middle East conflict represents for the company. Profit after tax increased 16 per cent from €114.6 million to €132.7 million, equating to basic earnings per share of 21.3 cent, up from 17.9 cent. Cairn said it was upgrading its guidance for 2026 with revenue of about €1.05-€1.08 billion from €1.02-€1.05 billion previously. The board recommended a final dividend of 5.9 cent per ordinary share, which, combined with the interim dividend of 4.1 cent per ordinary share, results in a total dividend of 10 cent per ordinary share for the year.

Source: The Irish Times March 04, 2026 14:00 UTC