Construction News Read UK Construction Industry News, Analysis, Opinion and data Crest Nicholson posts profit warning amid homebuyer uncertainty
Digital Edition: Crest Nicholson posts profit warning amid homebuyer uncertainty
Homebuilder Crest Nicholson has adjusted its pre-tax profit expectations for the full year to £50m, down from its forecast of £73.7m earlier this summer. In a trading update, the FTSE 250 firm said ‘persistently high inflation and rising interest rates’ were dampening demand for homes,…
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