Michael Stanley, chief executive of Cairn Homes, with Shane Doherty, its chief financial officer, at the company’s agm in the Merrion Hotel in Dublin last week. Picture: Fergal Phillips
In a clear sign that shareholders are content with the outlook for Cairn Homes, last week’s agm lasted a mere ten minutes. With no issues of contention to address or tricky questions from the floor to answer, all of the resolutions presented were passed with a minimum of 97.75 per cent. Cairn, which expects to make an operating profit of €100 million this year, plans to return a minimum of €115 million through both...
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