CREST NICHOLSON HOLDINGS PLC (CRST) Shares

ABOUT CREST NICHOLSON HOLDINGS PLC

? Crest Nicholson Holdings plc is a residential developer company.

? It focuses primarily on developing sustainable, high-end homes in the Southern half of England.

? Its portfolio offers a wide variety of large family homes, small apartments and commercial property alike. Crest operates through five regional housebuilding sectors.

? Crest Strategic Projects (the company’s Strategic Projects sector) specializes in promoting and sourcing medium to large land sites while Crest Nicholson Regeneration (the company’s Major Projects sector) specializes in large scale operations with private and public vendors.

? Crest Nicholson Holdings plc is a FTSE 250 Index company.

? It employs approximately 1 020 people and is headquartered in Chertsey, Surrey, the United Kingdom. 

OVERVIEW OF CREST NICHOLSON HOLDINGS PLC

• Crest Homes is founded in 1963 by Bryan Skinner. In 1968 it starts trading on the London Stock Exchange as Crest Nicholson Holdings plc and a year later En-Tout-Cas, a tennis court construction company, is purchased. Crest buys an earth moving business from Tony Pidgley in 1971.

• Crest Securities is created in 1972. The same year the company buys Camper & Nicholsons, a yacht manufacturer, and changes its name to Crest Nicholson.

• Several more businesses are purchased during the next few years, including Lamson Engineering, Crofton, CH Pearce and Greenwood Electronics.

• In 2007 Sit Tom Hunter and a HBOS consortium buys Crest for a price of £ 715 million and it becomes a private company.

• In 2013 it is listed on the London Stock Exchange.

VISION & VALUES OF CREST NICHOLSON HOLDINGS PLC

• Crest Nicholson Holdings plc’s vision is to offer its customers homes, leisure and retail spaces that will create a happy, quality life.

• The company values design and innovation, success, integrity and acts responsibly and sustainably. Shareholders are offered high earnings and long-term value. The company provides a safe and healthy work environment for its employees and surrounding communities.

• During the years Crest Nicholson Holdings plc has received numerous awards and recognitions.

• In 2019 Crest earns a place on the FTSE4Good Index for several categories including Climate Change and Corporate Governance.

• The company is presented with a NHBC Health & Safety Award, a South East LABC Building Excellence Award, Best Housing Scheme, a European Women in Construction & Engineering Award as well as a Lifetime Achievement in Construction Award.

MARKET PERFORMANCE OF CREST NICHOLSON HOLDINGS PLC

• Crest Nicholson Holdings plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “CRST”.

• Data analysis for the company’s half-year results for the six months ending 30 April 2019 reports a revenue of £ 501.9 million, an increase of 7 percent from the same period in 2018.

• Current revenue and forward sales for the period are £ 870.1 million, an increase of 3 percent.

• Total forward sales are £ 625.2 million, a 15 percent increase. The company reports an operating profit margin of 14.1 percent. Profit before tax is £ 64.4 million.

• Dividends are 11.2p per share.