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Articles for Crest Nicholson

Crest Nicholson to build fewer low-margin homes after profit hit
1 month, 3 weeks ago

Crest Nicholson to build fewer low-margin homes after profit hit

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Housebuilder Crest Nicholson is to …

Homes Crest Build Crest Nicholson
Crest Nicholson to 'prioritise value over volume' as profits weaken
1 month, 3 weeks ago

Crest Nicholson to 'prioritise value over volume' as profits weaken

Daily Mail  

Crest Nicholson's boss has said the firm will prioritise private sales in the coming year as it warned annual earnings will be towards the bottom end of its forecast range. Martyn Clark, who became chief executive in mid-June, told investors the company wanted to 'prioritise value over volume' during the 2025 financial year to help bolster returns and margins. Outlook: …

Clark Crest Crest Nicholson Martyn Clark
Bellway abandons £720m takeover deal for rival Crest Nicholson
4 months, 4 weeks ago

Bellway abandons £720m takeover deal for rival Crest Nicholson

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Last month, FTSE 250 firm Bellway put forward a …

Crest 720M Takeover Bellway Crest Nicholson
Builder Crest Nicholson rejects £650m Bellway offer just hours after profit warning sends shares tumbling
6 months, 4 weeks ago

Builder Crest Nicholson rejects £650m Bellway offer just hours after profit warning sends shares tumbling

Daily Mail  

Struggling housebuilder Crest Nicholson has rejected a £650million takeover offer from rival Bellway. Its valuation was at a 30 per cent premium to Crest Nicholson’s share price at the time the offer was made, Bellway said. Crest’s shares had slumped by 11.6 per cent, or 28p, to 212.8p, valuing it at just £547million after its profit warning. Crest said yesterday …

Offer Bellway Crest Nicholson Profit Warning Housebuilder Crest
London markets inch lower as housing firms drive drop
1 year, 4 months ago

London markets inch lower as housing firms drive drop

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The biggest housing stocks, such as Taylor Wimpey and …

London Higher Ftse Gains Crest Nicholson Drive Drop
Crest Nicholson wants the return of Help to Buy – but Britain needs more homes first
1 year, 7 months ago

Crest Nicholson wants the return of Help to Buy – but Britain needs more homes first

The Independent  

The first-time buyer needs help! So says Crest Nicholson alongside its first-half results, which showed a 22 per cent decline in revenues and a near 60 per cent fall in operating profits – the hangover from Britain’s disastrous flirtation with Trussonomics. Sounds great, except that we all know the result, highlighted by Shelter back in 2015 after George Osborne launched …

Prices High Help Need Britain Crest Buy
Crest Nicholson facing extra cladding bill up to £120m after fire safety pledge
2 years, 9 months ago

Crest Nicholson facing extra cladding bill up to £120m after fire safety pledge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The group said it is signing up to the …

Safety Buildings Building Million Group Sign Crest
Crest Nicholson ups profit outlook on booming homebuyer demand
3 years, 6 months ago

Crest Nicholson ups profit outlook on booming homebuyer demand

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Housebuilder Crest Nicholson has hiked …

Crest Crest Nicholson