CLERHP Projects $784M Revenue in New 2026-28 Business Plan
The publicly traded real estate firm targets $252M EBITDA and $162M net income, with dividends planned to begin in 2027.
CLERHP, the publicly traded real estate and construction group, has unveiled a three-year business plan covering 2026 through 2028, projecting total revenue of $784 million as the company moves to scale operations and reward shareholders for the first time.
The company expects to generate earnings before interest, taxes, depreciation, and amortization of $252 million over the plan period, while net income is forecast to reach $162 million. Those targets would mark a significant expansion phase for the group as it pursues large-scale development projects.
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CLERHP also announced plans to initiate dividend payments in 2027, earmarking 25% of profits for distribution to shareholders — a signal of growing confidence in cash flow stability. The move would represent a milestone for the company, which has not previously paid dividends.
Central to the growth strategy is Larimar City & Resort, described by the company as its primary growth driver. The flagship development has already recorded $400 million in sales, underscoring robust demand and providing a strong revenue foundation for the business plan's targets.
Analysts will likely watch whether the Larimar project's sales momentum can be sustained through the plan period and whether the company's margin assumptions hold as construction costs remain elevated across global real estate markets. Continue reading at Real Estate.
