With purchaser confidence currently high, supported by economic recovery, good mortgage access and a rise in disposable incomes, our expectation is that sales rates will continue to be strong. Production capacity, clearance of planning conditions and skills availability remain the critical constraints on volume delivery and a subject of focus across the sector. Strong rates of sale will support both current year outputs and the forward sales position, but challenges in the supply chain - particularly shortages of skilled labour- will limit the level of volume growth achieved in any one year. A level of disruption to the normal process of securing planning is commonly experienced in the run-up to a general election and this year has been no different; now that the election is decided, it is expected that we will see a return to a more consistent level of engagement and also reap the benefits of policy continuity. Sales price inflation continues to offset pressures from cost increases in the supply chain, albeit that build costs are showing some signs of acceleration as the market picks up pace. Against this backdrop, the Board is confident that the business is well positioned to deliver a strong operational and financial performance.
14 May '15
i should have stayed with this company ,i was happy with 10% then, now i would be looking at nearly 100%.
2 Mar '15
Expect to see some selling today
Should be quite a high volume today with a lot of people selling.
12 Feb '15
RE: very strong results
like i said Crest will get to 450p ,there she is ,nice.
28 Jan '15
Crest 6.9% today , no kidding Jeffries misjudged....nice little earner after most I know simply topped up; what was behind Jeffries comments I do wander?
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