Crest Nicholson expects FY26 EBIT loss of about £10 million, cuts completions outlook

• Crest Nicholson cut FY26 completion guidance to 1,350-1,400 from 1,400-1,500.
• Forecast FY26 EBIT shifted to a loss of about GBP 10 million from prior guidance for GBP 5-10 million profit.
• Expected year-end net debt improved to GBP 70-90 million from GBP 100-120 million, a roughly GBP 30 million upgrade.
• Net open market sales rate slowed to 0.35 over six weeks, versus 0.48 in the first half.
• Build cost inflation guidance maintained at about 3%-4%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crest Nicholson Holdings plc published the original content used to generate this news brief on September 04, 2026, and is solely responsible for the information contained therein.