Completions and profits down at McStone

Nov. 13, 2018
McCarthy & Stone’s legal completions fell 7% during the year ending August 31 2018 as it continues to adjust to a tough market environment. The retirement housebuilder said it achieved 2,134 legal completions against FY 2017’s 2,302 with volumes constrained as anticipated by “the heavy H2 weighting of first occupations, continuing economic uncertainty coupled with a slower secondary market and ...

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