Revenue up, profits down at Crest

June 11, 2019
Crest Nicholson saw its revenue rise 7% during its half year, but with its operating margin and profits decreasing as it carries out its strategy to “de-risk” the business. During the six months to April 30 2019, the housebuilder’s revenue rose to £501.9 million against the equivalent period in 2018, which Crest said was “an encouraging result, given the uncertain ...

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