Brief: Ireland's Cairn Homes says build cost inflation running at 2.5% on Middle East war
30/04/2026 07:20
April 30 (Reuters) - Cairn Homes PLC CRN.I: CLOSED AND FORWARD ORDER BOOK NOW STANDS AT C.3,850 NEW HOMES, UP C.400 IN EIGHT WEEKS SINCE WE REPORTED OUR FY25 RESULTS THIS CONTINUED MOMENTUM, SUPPORTED BY OUR PRIOR YEAR INVESTMENT IN OPERATIONAL SCALING WILL DELIVER A STRONG H1 OUTTURN WHILST NOT WEAKENING CUSTOMER SENTIMENT, ONGOING GEOPOLITICAL VOLATILITY HAS IMPACTED BUILD COST INFLATION YEAR TO DATE (NOW RUNNING AT C.2.5%) AS THINGS STAND TODAY WE DO NOT EXPECT THERE TO BE A MATERIAL IMPACT ON OUR FULL YEAR OUTLOOK FROM MIDDLE EAST CONFLICT COMPANY REAFFIRMS OUR FY26 GUIDANCE Source text: [ID:] Further company coverage: CRN.I (Reporting By Padraic Halpin) ((Padraic.Halpin@thomsonreuters.com;))