Crest Nicholson posts £52m half-year loss due to cladding pledge costs

crest nicholson

But housebuilder raises profit expectations for full year amid stronger sales

Crest Nicholson has reported a pre-tax loss of £52.5m for the half-year.

The figure, for the six months to 30 April, compares to a £36.3m profit for the same period the previous year.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now