Crest Nicholson Holdings plc (CRST.L) issued a trading update for the period from 1 November 2023 to 15 March 2024. The Group said it has achieved reservations in line with expectations and delivered a year-to-date open market SPOW rate of 0.44, based on 46 outlets, with reduced activity before Christmas and a stronger performance from mid-January.
Looking forward, the Group continues to focus on optimising value and expects fiscal 2024 completions to be in the range of 1,800 to 2,000 homes. Sales prices are projected to remain stable in fiscal 2024.
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