Added to YB: 2025-02-28
Pitch date: 2025-02-26
CRST.L [neutral]
Crest Nicholson Holdings plc
-14.3%
current return
Author Info
No bio for this author
Company Info
Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties.
Market Cap
GBP 385.5M
Pitch Price
GBP 1.51
Price Target
N/A
Dividend
1.46%
EV/EBITDA
38.21
P/E
-3.72
EV/Sales
0.66
Sector
Household Durables
Category
turnaround
From Oil to Bricks: A Rollercoaster Ride Through MONY, Wood, BP, and Crest Nicholson - CRST.L
CRST.L (overview): £143.7M pre-tax loss vs £23.1M profit, due to £166.1M exceptional charge. Revenue -6% to £618.2M, completions -7.3%. Dividend cut 87%. CEO cautiously optimistic on pent-up demand. Headwinds: high rates, low confidence. UK gov plans 1.5M homes in 5 years. Sector potential despite current struggles.
Read full article (1 min)