Crest Nicholson Holdings PLC (CRST.L)
17 Aug 2018
Tue, Jun 12 2018
June 12 British housebuilder Crest Nicholson Holdings Plc blamed weak prices and rising costs as it reported a dip in operating margins on Tuesday and said the full-year figure would be at the bottom of an initial range.
June 12 British housebuilder Crest Nicholson Holdings Plc forecast full year operating margins at the bottom end of its guidance on Tuesday after posting slower profit growth in the first half of the year.
* 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)