UK housebuilder Crest Nicholson (CRST) has announced results for its half-year ended 30th April 2026 headlined “Decisive action to prioritise cashflow and strengthen operational performance in challenging market conditions”… so trading disappointment then!
Is this the canary in the coalmine for the housebuilding sector? On 25 March Crest Nicholson (CRST) reiterated that it was on track to meet forecasts outlined on annual results day in January. Today, less than a month later there is a catastrophic warning. On track for good profits and another year of dividends to losses and begging the banks for survival in just 27 days…
Housebuilder Crest Nicholson (CRST) has issued a “Trading Statement” headlined commencing “Good progress on strategic priorities. Positive progress on land sales”. Er, what about financials then?
According to house builder Crest Nicholson (CRST) it was Bellway (BWY) that initiated discussions about an all share offer making several proposals before making one that got Crest prepared to talk. But today Bellway has walked: why?









