Cairn Homes increases production capacity by 35% amid strong financial growth. First-time buyers using Government grants now make up half of its customer base. The company reports double-digit gains in both profit and revenue.
Cairn Homes achieves a 29% increase in 2024 revenues alongside higher profits. The company projects continued strong performance in 2025, citing robust operational momentum. The growth reflects sustained demand in its core housing construction markets.
Cairn Homes grows its revenues and profits in 2024 despite a decline in the average home price. The company’s average unit price dropped to €383,000 from €389,000 in 2023. This suggests operational efficiency or higher sales volume contributed to financial performance.
Cairn Homes acquires Argentum Property to expand its operational footprint. The move supports the company’s growth strategy in the residential housing sector. Argentum’s assets include land and developments targeting affordable housing solutions.