Crest Nicholson Holdings PLC (CRST.L) Wednesday said it currently expects adjusted profit before tax for the full year to be at the lower end of its previous guidance of 22 million pounds - 29 million pounds.
This is "due to a higher proportion of both affordable homes delivered in the year and as we continue to trade out of low margin sites," the housebuilding company said in a statement.
Full-year preliminary results are expected to be reported on January 21.
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