Latest News About Crest Nicholson Plc

Here are the latest available highlights on Crest Nicholson plc:

• Profit guidance cut for fiscal 2026: Crest Nicholson warned of a materially lower profit outlook for FY2026, citing weaker land sales, slower completions, and higher cost inflation amid an uncertain economy. They also indicated potential breach of one covenant and are seeking temporary covenant relief from lenders. [Investing.com, 2026-04-21][1]

• Interim and trading updates around 2025: In mid-2025 Crest Nicholson reported trading in line with expectations for the first half of FY2025 with continued progress on strategic priorities, including customer-focused delivery and efficiency improvements, and confirmed full-year guidance. This included stronger sales rates and improved gross margins, alongside debt management actions. [Crest Nicholson interim results press release, 2025-06-11][2]

• March 2026 trading statement notes: A March 2026 trading statement described an improved open market sales rate and an ongoing repositioning toward a mid-premium, customer-focused developer, while maintaining overall annual guidance and monitoring macro risks. [Investegate trading statement, 2026-03-29][3]

• Earlier regulatory updates: Prior year updates in 2024–2025 document ongoing efforts to strengthen operational performance, land bank reshaping, and customer service improvements, with continued emphasis on restructuring and efficiency gains. [Regulatory news and trading updates, various sources],[4][5]

If you’d like, I can pull more precise figures (profit range, land sale targets, unit completions, covenant status) and summarize them in a concise table. I can also track any new announcements as they come out. Would you prefer a quick numeric snapshot or a short narrative timeline?

Note: The content above reflects the latest public disclosures through April 2026 and may be superseded by subsequent announcements. If you want, I can fetch the most recent official RNS or annual report excerpts for exact numbers. [sources cited above]