Cairn Homes forecasts profits of up to €110m as housing demand shows no let-up

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Cairn Homes forecasts profits of up to €110m as housing demand shows no let-up
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The listed building company said its forward sales pipeline has grown to more than 2,200 homes and that it expects to generate full year revenues of €650m

Cairn Homes, the listed Irish home builder, is forecasting full year operating profits of up to €110 million this year with revenues set to hit €650 million on the back of very strong demand in the housing market.

Announcing a half year trading update on Tuesday morning, the building company said demand remains very strong with its forward sales pipeline for new homes growing rapidly. The company said it expects full year sales to exceed ...

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