All Crest Nicholson articles
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Crest Nicholson ‘on track’ to hit profit target after better than expected cash performance
Housebuilder open market sales rate increases in first few months of the year
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Crest Nicholson sinks to £144m loss as firm counts cost of fire safety provisions
New boss Martyn Clark carries out review of business as firm warns of scenario in which it could breach its lending agreements
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Ongoing audit of fire safety provisions puts Crest Nicholson results back two weeks
Auditor asks for more time to run rule over ‘appropriateness of fire remediation provision’
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Crest Nicholson says profit to be at ‘lower end’ of expectations due to higher proportion of affordable homes
Housebuilder pledges to focus more on private sales as it trades out of ‘low margin’ sites
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Analysts say Bellway’s £720m bid for Crest Nicholson faltered after firm decided ‘risks were too high’
Deal, which would have created £4.3bn business, pulled yesterday
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Bellway gets more time to make Crest Nicholson takeover offer
Firm given fresh deadline to commit to bid for housebuilder rival
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Crest Nicholson board ‘minded to recommend’ Bellway’s improved £720m takeover offer to shareholders
Would-be buyer now has until 8 August to make official bid
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Second bidder enters fray to buy Crest Nicholson
Avant Homes has offer rejected after Bellway approach also turned down
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Crest Nicholson to spend over £30m fixing problem jobs after review of 140 schemes
Cost of repairing defects sends housebuilder nosediving to £28m interim loss
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Crest Nicholson hit with £15m bill after finding build defects on four more sites
Housebuilder brings in external consultants to provide ‘greater assurance on adequacy of current provisions’
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Crest boss to leave as profit slumps by nearly £100m
Peter Truscott to retire with replacement arriving from Persimmon later this year
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Crest Nicholson downgrades profit forecast for third time in a year
The £780m-turnover firm has been hit by £13m in “exceptional” costs linked to a fire amid other issues with ”legacy sites”
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Crest Nicholson cuts profit forecast again as firm plans job cuts
Housebuilder announces series of cost-cutting measures
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Crest Nicholson hit by £105m cladding charge as housebuilder puts brakes on expansion plans
Firm puts opening of third regional division on ice because of slowing housing market
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Cladding costs send Crest Nicholson tumbling into red for half year
But housebuilder raises profit expectations for full year amid stronger sales
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Crest Nicholson signs Gove’s ‘building safety pledge’ to fix tower blocks
Housebuilder first to confirm it will ink agreement and estimates cost will be up to £120m
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Crest Nicholson upgrades forecasts as it returns to black
Housebuilder says bill for cladding repair work now stands at £23m
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Crest reveals £13.5m pre-tax loss after covid write-down
Housebuilder sees turnover drop 38% for year to October
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More housebuilders furlough staff
Barratt, Crest and Countryside temporarily standing down staff in wake of covid-19 shutdown