Crest Nicholson Now Sees Full Year Loss Due to UK Housing Slump
Crest Nicholson Holdings Plc reversed previous guidance for a modest profit this year and now expects to make a loss thanks to a subdued housing market and lackluster pricing.
By Meg Short · Bloomberg Markets
Crest Nicholson Holdings Plc reversed previous guidance for a modest profit this year and now expects to make a loss thanks to a subdued housing market and lackluster pricing.