Crest Nicholson warns of sales slowdown despite resilient FY22

Forward sales as at 13 January 2023 were 2,018 units and £510.8m Gross Development Value (GDV), down from 2,702 units and £719.0m GDV the prior year

Housebuilder Crest Nicholson has warned of falling demand going into the new year, despite revenues rising by 16.1% to £913.6m in FY22, reflecting a largely “resilient” performance.

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