Crest Nicholson Holdings PLC (CRST.L)
23 May 2018
Wed, May 16 2018
* Labour wage inflation, higher material cost driving build cost, CEO says (Adds CEO comments, detail on construction costs, shares)
May 16 British housebuilder Crest Nicholson Holdings Plc said on Wednesday its full-year operating margin would be at the lower end of its prior forecast, as rising construction costs hurt pricing of its homes.
* ANNOUNCES SALE OF MACHINE STORE AT OLD VINYL FACTORY DEVELOPMENT TO CREST NICHOLSON, REALISING GAINS OF £2.0M IN FY18 Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)
Feb 12 The investment house owned by UK investor Neil Woodford has nearly doubled its stake in Crest Nicholson to 10.34 percent, becoming the UK housebuilder's top investor, a regulatory filing showed on Monday.
* WOODFORD INVESTMENT MANAGEMENT RAISES STAKE IN CREST NICHOLSON HOLDINGS PLC TO 10.34 PERCENT FROM 5.21 PERCENT EARLIER - REGULATORY FILING Source text for Eikon: Further company coverage:
Jan 24 British housebuilder Crest Nicholson said on Wednesday it appointed Patrick Bergin as chief executive and that its full-year pretax profit rose 6 percent.
Dec 21 Woodford Equity Income Fund Says Adds Crest Nicholson position in November Further company coverage: (Reporting By Carolyn Cohn)