Crest Nicholson Holdings
CRST · Main Market · Consumer Products and Services · mcap £147m · 58.9p
Crest Nicholson builds and sells homes, mainly in southern England, and also sells land and builds for housing associations and bulk buyers. It is repositioning from a volume builder to a mid-premium developer.
Negative 30 Sep 2026
Covenant waivers repeatedly extended while lenders negotiate amendmentNet debt rose to £141.8m at half-year; waiver extended to 30 November 2026; results delayed. 30 Sep 2026 16 Jul 2026 19 May 2026
Positive 23 Sep 2026
Institutional holders building stakes during share price fallAberforth reached 12.0%, Janus Henderson 10.0%, Artemis 5.7% and Richard Griffiths 6.0% in 2026. 23 Sep 2026 11 Jun 2026 20 May 2026 1 May 2026
Negative 3 Sep 2026
FY26 guidance cut repeatedly; EBIT now forecast loss of around £10mVolume, land sales and EBIT guidance lowered in April and September 2026; net debt outlook improved to £70-90m. 3 Sep 2026 21 Apr 2026
Positive 28 Apr 2026
Management buying shares monthly and a director bought sharesGillian Kent bought 9,538 shares in March 2026; Penny Thomas bought 3,000 shares in April 2026; routine SIP purchases. 28 Apr 2026 24 Mar 2026
- 2026-01 debt refinancing · £250m – Renewed revolving credit facility with existing lenders on a four-year term to October 2029 29 Jan 2026
From the company's own announcements · not investment advice
Company filings. Not investment advice.