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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Crest Nicholson Holdings Plc | LSE:CRST | London | Ordinary Share | GB00B8VZXT93 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.30 | -0.67% | 193.20 | 193.20 | 194.10 | 195.50 | 191.60 | 194.50 | 1,107,962 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Construction Machinery & Eq | 657.5M | 17.9M | 0.0697 | 27.76 | 497.14M |
TIDMCRST
RNS Number : 5231I
Crest Nicholson Holdings PLC
22 March 2018
Crest Nicholson Holdings plc
AGM STATEMENT
Crest Nicholson Holdings plc (the "Company") holds its 2018 Annual General Meeting today at Brooklands Hotel, Weybridge, Surrey starting at 10.30 a.m., where the Group's Chairman, William Rucker, will provide the following statement:
"The Board is pleased to report that the trading environment highlighted at the preliminary results announcement in January continues to be generally robust with good sales growth across our areas of operation. Demand for new homes continues to be strong underpinned by high levels of employment and Government policies to improve access to housing; levels of sales price inflation have moderated which is also helping to maintain affordability for purchasers.
In line with expectations, total forward sales contributing to the current financial year, including completions year to date, at GBP620m are 15% higher than the GBP541m achieved at the same point last year; cumulative open-market forward sales revenues (excluding PRS) of GBP342mm are 10% higher. The Company's expansion of the Chiltern and Midlands divisions continues with the current number of sales outlets, at 55, some 12% higher (2017: 49) and further outlet openings planned over the coming months.
The robust sales outlook, combined with the actions that the business is taking to expand its operational footprint, underpin the Board's confidence that the Company will continue to deliver on its stated growth objectives".
For further information, please contact:
Kevin Maguire
Company Secretary
Crest Nicholson Holdings plc
+44 (0) 1932 580 555
22 March 2018
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMSEFFAFFASEDD
(END) Dow Jones Newswires
March 22, 2018 03:00 ET (07:00 GMT)
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