Crest Nicholson cuts profit outlook for third time in six months as costs climb It said this was due to issues with its Brightwells Yard regeneration scheme It also filed an unexpected £13m legal claim due to fire at one of its sites By Daniel Fessahaye Updated: 11:48, 16 January 2024 e-mail 1 View comments Crest Nicholson has cut its annual profit outlook for the third time in six months as costs associated with its Brightwells Yard regeneration scheme in Farnham continue to climb. The Surrey-based housebuilder also told shareholders on Monday it is set to recognise an unexpected legal claim worth £13million after a 2021 fire…
