Cairn Homes plc upgraded earnings guidance for the year 2023. For the period, the company expects turnover in excess of ?675 million (previously in excess of ?650 million) from at least 1,800 closed new home sales (previously 1,750 ? 1,800 closed new home sales), including over 1,265 closed new home sales in H2 2023; core housebuilding gross margin unchanged at c. 21.2% (previously c. 21.0%); c. ?110 - ?115 million operating profit (previously ?105 - ?110 million) and an operating margin of c. 16.5%.