Profits at Crest and McCarthy & Stone tumble

By Dave Rogers2020-01-28T11:16:00

Brexit and exceptional items blamed for falls

Housebuilders Crest Nicholson and McCarthy & Stone saw profits tumble last year as Brexit and exceptional items took their toll on the pair’s bottom line.

Crest said pre-tax profit sank 39% to £102.7m in the year to October 2019 on revenue flat at £1.1bn.

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