Crest Nicholson to fork out up to £15m on more build defects

19th Mar 2024 07:24

(Sharecast News) - Crest Nicholson said on Tuesday that it has become aware of build defects on four sites that were completed prior to 2019 that could cost it up to £15m to fix.

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London close: Stocks fall as US inflation tops forecasts

14th Mar 2024 16:33

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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London close: Stocks fall as US inflation tops expectations

13th Feb 2024 16:21

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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London close: Stocks fall as US inflation tops expectations

13th Feb 2024 16:21

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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London close: Stocks slip as focus shifts to US earnings

23rd Jan 2024 17:46

(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.

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Crest Nicholson FY profits slump amid tough housing market

23rd Jan 2024 07:32

(Sharecast News) - UK housebuilder Crest Nicholson posted a bigger-than-expected fall in annual profits but said it was encouraged by an increase in customer inquiries as borrowing costs fell, while chief executive Peter Truscott announced he was stepping down to be replaced by Persimmon chief commercial officer Martyn Clark.

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Jefferies downgrades Crest Nicholson, ups Persimmon

16th Jan 2024 11:49

(Sharecast News) - Jefferies has upgraded Persimmon and cut its rating on Crest Nicholson following a review of UK housebuilders.

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London close: Stocks mixed on relatively quiet Monday

15th Jan 2024 15:37

(Sharecast News) - London's stock market finished with a mixed performance on Monday, after underwhelming reports from PageGroup and Crest Nicholson.

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Crest Nicholson warns on profits but points to improving conditions

15th Jan 2024 07:18

(Sharecast News) - Home construction company Crest Nicholson has delivered a profit warning as a result of higher-than-expected costs as it announced an additional one-off charge from a legal claim.

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London close: Stocks rise on flurry of manufacturing data

1st Dec 2023 17:39

(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.

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Crest Nicholson cuts full-year profit outlook

16th Nov 2023 07:57

(Sharecast News) - Crest Nicholson cut its full-year profit outlook again on Thursday as it highlighted a "challenging" backdrop.

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Crest Nicholson appoints William Floydd as finance director

13th Oct 2023 07:14

(Sharecast News) - Housebuilder Crest Nicholson said on Friday that it has appointed William Floydd as group finance director designate with effect from 13 November.

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Berenberg still sees upside at Crest Nicholson after profit warning

29th Aug 2023 08:59

(Sharecast News) - Shares in Crest Nicholson were performing strongly on Tuesday as the housebuilder attempts to recover after a profit warning last week which tanked the stock price, with broker Berenberg lifting sentiment after reiterating its 'buy' rating.

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Crest Nicholson lowers profit guidance as inflation, interest rates bite

21st Aug 2023 07:02

(Sharecast News) - UK home builder Crest Nicholson lowered annual profit forecasts after a worsening of the housing market amid rising inflation and interest rates.

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Travis Perkins CFO Williams to retire

11th Jul 2023 07:58

(Sharecast News) - Travis Perkins said on Tuesday that chief financial officer Alan Williams will be retiring and stepping down from the board in 2024, after seven years in the role.

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