Crest’s half year profit falls

June 9, 2023
Crest Nicholson has seen its profit fall 60% in its half year as it suffered the effects of market turmoil in the autumn, subsequent economic uncertainty and affected margins from a “more benign sales environment”. Reporting on its unaudited interim results for the six months ending April 30 2023, the housebuilder said that its adjusted pre-tax profit fell to £20.9 …

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