Cairn Homes First Half 2024 Earnings: EPS: €0.072 (vs €0.03 in 1H 2023)

Cairn Homes (LON:CRN) First Half 2024 Results

Key Financial Results

• Revenue: €366.1m (up 67% from 1H 2023).
• Net income: €46.9m (up 126% from 1H 2023).
• Profit margin: 13% (up from 9.4% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: €0.072 (up from €0.03 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cairn Homes Earnings Insights

Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Consumer Durables industry in the United Kingdom.

Performance of the British Consumer Durables industry.

The company's shares are down 10% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Cairn Homes.

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