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United States

McCarthy & Stone PLC (MCS.L)

MCS.L on London Stock Exchange

130.00GBp
5:26am EDT
Change (% chg)

8.70 (+7.17%)
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121.30
Open
121.30
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Volume
968,209
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2,598,205
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172.20
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Thu, Sep 6 2018

Retiree home builder McCarthy & Stone trims FY profit outlook

Sept 6 Britain's biggest builder of homes for retirees, McCarthy & Stone, trimmed its full-year profit forecast on Thursday, months after issuing a profit warning citing cautious consumer spending and economic uncertainty.

BRIEF-UK's McCarthy & Stone Sees Modest Growth Over Next 2 Years

* H1 PROFIT BEFORE TAX OF 10.5 MILLION STG VERSUS 21.8 MILLION STG A YEAR AGO

UPDATE 1-UK's McCarthy & Stone sees modest growth over next 2 years

April 11 Britain's McCarthy & Stone said it expected modest growth in the next two years due to a decline in land exchanges and planning consents in the half-year, following a government proposal to set ground rents.

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