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Cairn Homes shares jump 5% on strong interim profit and new €50M buyback plan

Company Fundamentals
02 Sep 2026
Proactive Investors
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Bullish
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Cairn Homes reported an 82% rise in earnings per share to 9.3 cents for the first half of 2026, driven by a 60% revenue increase to €455.5 million from 1,139 units sold. Operating cash flow turned positive to €22.4 million, and net debt fell significantly to €194.5 million. The company launched a €50 million share buyback program and raised its interim dividend to 4.5 cents per share. It also upgraded full-year guidance with expected revenue of about €1.08 billion and operating profit around €185 million, signaling strong growth and financial health going into 2027.

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Nvidia returns $26B to shareholders with a 2,400% dividend hike, signaling more increases ahead.

Nvidia returns $26B to shareholders with a 2,400% dividend hike, signaling more increases ahead.

Nvidia has returned a record $26 billion to its shareholders after increasing its dividend by an extraordinary 2,400%. This massive payout highlights the company's strong financial position and commitment to rewarding investors. The significant divid...

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American Battery Technology remains a Buy despite regulatory risks and strong Q4 FY26 results.

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AbraSilver reports promising shallow gold and copper mineralization at Cerro Viejo, Diablillos project, Argentina.

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AbraSilver Resource Corp. announced new drill results from the Cerro Viejo target at its Diablillos project in Argentina, revealing broad zones of shallow, oxide-hosted gold mineralization and deeper copper mineralization in sulphides. These findings...

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Mercado Minerals reports high-grade silver results up to 828 g/t at Zamora project in Mexico

Mercado Minerals reports high-grade silver results up to 828 g/t at Zamora project in Mexico

Mercado Minerals announced initial surface sampling results from its Zamora project in Sinaloa, Mexico, revealing high-grade silver mineralization with samples up to 828 g/t silver. The company has mapped 300 meters of the Campanillas Vein and found ...

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