C38.F - Crest Nicholson Holdings plc

Frankfurt - Frankfurt Delayed price. Currency in EUR
4.1580
-0.0420 (-1.00%)
At close: 8:02AM CEST
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Previous close4.2000
Open4.1580
Bid0.0000 x 200000
Ask0.0000 x 200000
Day's range4.1580 - 4.1580
52-week range3.2240 - 4.7600
Volume2,400
Avg. volume91
Market cap1.04B
Beta (3Y monthly)1.04
PE ratio (TTM)4.87
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.38 (8.98%)
Ex-dividend date2019-09-19
1y target estN/A
  • Housebuilder Crest Nicholson's profits down by 11% as build inflation bites
    Sky News

    Housebuilder Crest Nicholson's profits down by 11% as build inflation bites

    Crest Nicholson has reported an 11% drop in pre-tax profits to £64.4m for the six months to April 30 as the housebuilder came faced stagnant prices and rising build costs. The group said revenues rose 7% to £501.9m, but profit margins were squeezed by build cost inflation at between 3% and 4%. Crest said it has put its growth strategy on hold due to Brexit uncertainty, and shifted away from London's private sales market towards partnerships and joint ventures.

  • Reuters - UK Focus

    UPDATE 1-UK homebuilder Crest Nicholson hit by flat prices, rising costs

    Crest Nicholson Holdings Plc reported a fall in pretax-profit for the first half of 2019 as Brexit nerves kept house prices flat across the south of England and building costs continued to climb. Crest, which builds houses and flats in London and across England's southern half, said forward sales were up 15% in the first half, leading it to stick to its previous forecast for the full year. Interim Chief Executive Officer Chris Tinker said in a statement the rise in forward sales had also come at the cost of slightly lower margins.

  • Reuters

    UK homebuilder Crest Nicholson hit by flat prices, rising costs

    Crest, which builds houses and flats in London and across England's southern half, said forward sales were up 15% in the first half, leading it to stick to its previous forecast for the full year. Interim Chief Executive Officer Chris Tinker said in a statement the rise in forward sales had also come at the cost of slightly lower margins.

  • Reuters - UK Focus

    BUZZ-Crest Nicholson: 'New CEO and trading on track'

    ** Shares of Crest Nicholson Holdings up ~7.5 pct; on track for best single day pct gain in over 3-mnths ** Peter Truscott to join the board as CEO in succession to Patrick Bergin who is not standing for ...

  • Reuters

    Crest Nicholson poaches Galliford boss as CEO, shares jump

    Truscott will replace Patrick Bergin, who agreed to step down as CEO and from the board at the annual meeting on Tuesday, Crest said. Galliford said Finance Director Graham Prothero will become its new chief executive officer.

  • Reuters

    Crest Nicholson names Duncan Cooper as new finance chief

    Cooper, who joins from J Sainsbury plc's, would be tasked with returning the housebuilder to a stable growth path after it continued to suffer from stuttered demand amidst Brexit uncertainty. The company, traditionally associated with upmarket properties in southern England, recently forecast a "difficult" first half as its full-year profit fell short of expectations while adding that it was cutting costs, reviewing its supply chain and processes, and shoring up falling margins.

  • Reuters

    Crest Nicholson profit falls, sees "difficult" first half

    Crest, traditionally associated with upmarket properties in southern England, is among the housebuilders that have suffered from a Brexit-driven drop in prices. Crest said it was cutting costs, including reviewing its supply chain and processes, and shore up margins which fell to 16.7 percent in the full year from 20.3 percent a year earlier.

  • Reuters - UK Focus

    LIVE MARKETS-SAP, Electrolux, Swedbank and UK housebuilders

    Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on ...

  • Reuters - UK Focus

    BUZZ-Brexit vote: Barclays says UK banks could rally 10-15% if deal passes

    ** Though bank investors are broadly expecting May's Brexit deal to be rejected at first, Barclays sees scope for material share price moves in UK banks if deal passes ** The brokerage expects 10-15 pct ...

  • Reuters - UK Focus

    LIVE MARKETS-Everyone's talking about tariffs

    * European shares climb to 2-week high * FTSE 100 lags behind as pound 'finds its mojo' * Earning updates back in focus * Credit Suisse profit growth lags forecasts * BT lifts guidance, ING beats Nov 1 ...

  • Reuters - UK Focus

    LIVE MARKETS-Honey, I shrunk the research budget

    * European shares climb to 2-week high * FTSE 100 lags behind as pound 'finds its mojo' * Earning updates back in focus * Credit Suisse profit growth lags forecasts * BT lifts guidance, ING beats Nov 1 ...

  • Housebuilder Crest Nicholson issues profit warning amid Brexit uncertainty
    Sky News

    Housebuilder Crest Nicholson issues profit warning amid Brexit uncertainty

    Housebuilder Crest Nicholson has warned that profits will be lower than expected after buyers were put off by "political and economic uncertainties" as Brexit looms. It came as official figures showed annual house price growth in August slipped to a five-year low of 3.2%, with London the worst-performing region as prices fell by 0.2% year-on-year. Crest Nicholson (Frankfurt: A1KCZN - news) said the market environment for new homes in the capital and for higher-end properties in the south of England had been tougher than anticipated.

  • House price growth lowest in five years
    Sky News

    House price growth lowest in five years

    Annual house price growth has slowed to a five-year low, according to official figures. In London, the worst-performing region, prices fell by 0.2%, according to the figures from the Office for National Statistics (ONS) and Land Registry. The figures come on the same day as a profit warning from housebuilder Crest Nicholson (Frankfurt: A1KCZN - news) , which cautioned that buyers were being deterred because of Brexit uncertainties.

  • Reuters

    Crest Nicholson warns of lower profit, says CFO to leave

    (Reuters) - Housebuilder Crest Nicholson Holdings on Wednesday warned of lower full-year profit, citing challenges in the real-estate market, and said Chief Financial Officer Robert Allen stepped down. ...

  • Reuters - UK Focus

    Crest Nicholson plunges on profit warning, finance chief leaves

    Oct (Shenzhen: 000069.SZ - news) 17 (Reuters) - British housebuilder Crest Nicholson (Frankfurt: A1KCZN - news) cut full-year profit expectations on Wednesday, blaming a weakening property market in London and southern England, and said its finance chief was leaving, sending its shares sharply lower. Crest (BSE: CREST.BO - news) , traditionally associated with upmarket properties in southern England, is among housebuilders that have suffered from a Brexit-driven drop in some house prices. "The usual autumn pick-up in sales volumes has not been evident during September and October, with many customers putting off decisions to buy whilst current political and economic uncertainties persist," Executive Chairman Stephen Stone said in a statement.

  • Reuters - UK Focus

    BUZZ-Crest Nicholson: Down after profit warning, CFO exit

    ** UK-based residential developer Crest Nicholson down 4.2 pct, after co warns of lower full-year profit and says Chief Financial Officer Robert Allen stepped down ** Co warns of lower FY profit, citing ...

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