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Evening Standard
Evening Standard
National
Henry Saker-Clark

Crest Nicholson cuts earning targets again after ‘difficult’ summer

Housebuilder Crest Nicholson has warned over profits and revealed jobs are at risk as it plans to close a divisional office amid a group-wide overhaul (Alamy/PA) -

Housebuilder Crest Nicholson has said its earnings are on track to slide to a surprise loss after “difficult” trading over the summer.

The Surrey-based company said it is set to deliver fewer home completions than previously expected as a result.

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