Author Topic: Profts up at Crest Nicholson  (Read 2246 times)

0 Members and 1 Guest are viewing this topic.

New Home Expert

  • Global Moderator
  • Guru member
  • *****
  • Posts: 1091
  • Country: england
  • Expert advice for new home buyers
    • New Home Blog
Profts up at Crest Nicholson
« on: January 28, 2016, 09:28:21 am »
Crest Nicholson increased pre tax profits by 32% in the year to 31 October 2015.
On a turnover of £804.8m, Crest made a pre tax profit of £154m, as the average selling price of the homes built in the year soared to £309,000 - up 10% on 2014.

Crest built 2,725 new homes in the year to 31 October 2015 -  just 195 more homes up 7.7% on the previous year.

No mention of quality of customer satisfaction was made in the preliminary results released 26 January 2016, this despite Crest CEO Steve Stone being on the APPG Inquiry committee looking into the quality of new homes!
New Home Blog - New Home Expert is committed to providing help and advice for people having issues with their new homes and difficulties with house builders as well as helping potential buyers reduce the risk of possible problems if they do buy.