Crest Nicholson warns of Ukraine-related inflation amid strong sales

By Carl Brown2022-03-22T10:45:00

Source: Shutterstock

Housebuilder increases sales rate

Crest Nicholson has reported an uplift in sales but has also warned that further build cost inflation due to the Ukraine war is already making itself felt.

The listed housebuilder, in a trading update today covering 1 November to 21 March, reported sales per outlet per week of 0.96, up from 0.8 in its last financial year.

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