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Operator
Welcome to Cairn Properties 2025 Interim Outcomes Analyst and Investor Name, which will probably be hosted by Michael Stanley, Chief Government Officer; and Richard Ball, Chief Monetary Officer. [Operator Instructions] Please notice that at this time’s name is being recorded. I might now like handy the decision over to your first speaker at this time, Michael Stanley, Chief Government Officer. Please go forward, sir.
Michael Stanley
Co-Founder, CEO & Government Director
Thanks, Nadia. Good morning, all people. Joined this morning by Richard Ball, our CFO; Ailbhe Molloy, our Senior Investor Relations Supervisor; and Deca Murray, our Head of Finance, who will little doubt chip in afterward Q&A and assist us out. Thanks, everybody, for becoming a member of.
Since we final introduced to you, Cairn has celebrated 10 years in enterprise. I would similar to to begin by saying my colleagues and I are pleased with what we’ve got constructed, constructed the enterprise to a market management place, the place at this time, over 30,000 individuals reside in a Cairn dwelling. That is solely half the story. As you may see from at this time’s presentation, hopefully, the momentum of the enterprise has elevated. Our technique is working effectively. We now have doubled down on work in progress funding, which, because it unwinds, will result in a robust second half for this yr and positively bodes very effectively for 2026. Most significantly, I suppose, Cairn continues to play an influential position in addressing the acute housing scarcity in Eire.
So we go straight to Slide 4 in our H1 operational highlights. At present, we’ve got recorded a closed and ahead
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