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Live News EARNINGS FLASH L impact

Cairn Homes earnings jump; buyback launched and dividend increased

For six months ended 30 June, revenue rose 60% year-on-year to €455.5m on 1,139 deliveries. Operating profit rose 75% to €74.8m; profit after tax surged 84% to €58.4m, EPS up 82% to 9.3 cents.

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