19th Mar 2015 07:38
LONDON (Alliance News) - FTSE 250-listed housebuilder Crest Nicholson Holdings PLC on Thursday said it has seen a strong start to the spring selling season and is confident of meeting its targets for the year.
In a short statement ahead of the company's annual general meeting, Crest Nicholson Chairman William Rucker said the company's spring selling season has been strong since it published in January its results for the year to the end of October.
Rucker said cumulative reservations in the financial year to date are at 766 units across 44 outlets for the company, representing an open market sales rate per outlet of 0.92, compared to a 0.84 per week sales rate for the comparable period a year earlier.
"This encouraging level of sales underpins the board's confidence that the business is continuing to make good progress in delivering on its stated growth objectives," Rucker added.
By Sam Unsted; [email protected]; @SamUAtAlliance
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