Cairn Homes plc (CNHHY) Q4 2025 Earnings Call Transcript

SA Transcripts158.79K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Cairn Homes plc (CNHHY) Q4 2025 Earnings Call March 4, 2026 3:00 AM EST Company Participants Michael Stanley - Co-Founder, CEO & Executive DirectorRichard Ball - CFO & Director Conference Call Participants Shane Carberry - Goodbody Stockbrokers UC, Research DivisionJonathan William Coubrough - Deutsche Bank AG, Research DivisionColin Sheridan - Davy, Research DivisionEdward Hugh Prest - Joh. Berenberg, Gossler & Co. KG, Research Division Presentation Operator Welcome to the Cairn Homes 2025 Preliminary Results Analyst and Investor Call, which will be hosted by Michael Stanley, Chief Executive Officer; and Richard Ball, Chief Financial Officer. [Operator Instructions] Please note that today's call is being recorded. I would now like to hand the call over to your first speaker today, Michael Stanley, Chief Executive Officer. Please go ahead. Michael StanleyCo-Founder, CEO & Executive Director Thank you, Sandra. Good morning, everybody, and thank you for joining us for our 2025 results and outlook. I'm joined here in Cairn today by Richard Ball, our CFO, and Ailbhe Molloy, our Head of Investor Relations for this morning's presentation. We're very pleased to be reporting on a strong set of results for '25. The business is now in its second decade, and I believe we've established ourselves not only as a leading Irish homebuilder, but a leading Irish company. As we enter our second decade, we will retain our ambitious approach. And you will see from today's presentation that we intend to increase our annual unit output by 35% over the next 2 years without making any compromise to the quality of the homes we build and the reputation we have earned. I'll start with our 2025 highlights on Slide 4. We've had a strong year and delivered revenue of just shy of EUR 945 million from 2,365 new homes sold in that period. We