Crest Nicholson Holdings plc (CRST.L)
- Simply Wall St.
Does This Valuation Of Crest Nicholson Holdings plc (LON:CRST) Imply Investors Are Overpaying?
Key Insights Crest Nicholson Holdings' estimated fair value is UK£1.42 based on 2 Stage Free Cash Flow to Equity Crest...
- The Telegraph
Tesco told to change Clubcard logo after losing legal battle with Lidl
Tesco has lost a bid at the Court of Appeal against a ruling that its Clubcard logo infringed on the trademark of rival supermarket Lidl.
- Reuters
UK's Crest Nicholson could build up to 11% fewer homes this fiscal year
The British housing market saw signs of stability at the start of 2024 on easing mortgage rates after battling subdued demand for most of last year, but the delay by the Bank of England in lowering interest rates and incessant macro-economic concerns have tempered hopes of a better-paced recovery. Surrey-based Crest Nicholson said open market year-to-date sales rate per outlet per week was 0.44 based on 46 outlets, and that improved to 0.52 in the last eight weeks to March 15. Crest Nicholson, which focuses on suburban areas outside London and in southern England, said it expects to build between 1,800 and 2,000 homes in the year ending Oct. 31, compared with 2,020 homes a year earlier.
