Edition:
United States

McCarthy & Stone PLC (MCS.L)

MCS.L on London Stock Exchange

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Wed, Apr 11 2018

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.

BRIEF-Mccarthy & Stone Says ‍FY18 Forward Order Book At 366 Mln​ Stg

* ‍FY18 FORWARD ORDER BOOK INCLUDING LEGAL COMPLETIONS CURRENTLY STANDS AT £366M (FY17:£323M)​

BRIEF-Mccarthy & Stone ‍Responds To Media Commentary On Ground Rents​

* ‍NOTES MEDIA COMMENTARY REGARDING PROPOSAL BY DEPARTMENT FOR COMMUNITIES AND LOCAL GOVERNMENT (DCLG) TO REDUCE GROUND RENTS ON NEW LONG LEASES TO ZERO​

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