Advice on buying a brand new home > Crest Homes

Profts up at Crest Nicholson

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New Home Expert:
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!

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