McCarthy & Stone puts dampener on results

April 21, 2005
Specialist retirement homebuilder McCarthy & Stone has said that it is suffering its most difficult trading conditions for decade. This gloomy assessment of the current market comes as the company report record first half pre tax profits of £48.3 million up10% on turnover of £131 million. Sales rose from 780 units to 792 units with the average selling price increasing …

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