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Crest Nicholson shares fall by a third after profit warning, guidance cut

Published by Global Banking & Finance Review

Posted on April 21, 2026

1 min read

· Last updated: April 21, 2026

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LONDON, April 21 (Reuters) - Shares in Britain's Crest Nicholson fell sharply on Tuesday, after the homebuilder cut its volume guidance due to macro uncertainties caused by the conflict in the Middle

Crest Nicholson Shares Tumble by 34% After Profit Warning and Guidance Cut

Crest Nicholson Faces Sharp Share Decline Amid Profit Warning

Market Reaction to Crest Nicholson's Announcement

LONDON, April 21 (Reuters) - Shares in Britain's Crest Nicholson fell sharply on Tuesday, after the homebuilder cut its volume guidance due to macro uncertainties caused by the conflict in the Middle East. 

Share Price Performance

At 0711 GMT, shares in Crest Nicholson were down 34% at 76.6 pence, on track for their sharpest daily fall since the COVID-19 pandemic in March 2020. 

Reporting and Editorial Credits

(Reporting by Samuel Indyk; Editing by Amanda Cooper)

Key Takeaways

  • Shares fell roughly 34%, their biggest daily drop since the COVID‑19 crash in March 2020.
  • The company downgraded its volume guidance due to macro uncertainty from the Middle East conflict.
  • The sharp sell‑off underscores renewed fragility in UK housebuilder sentiment amid geopolitical and economic headwinds

Frequently Asked Questions

Why did Crest Nicholson shares fall sharply?
Crest Nicholson shares fell after the company cut its volume guidance due to macro uncertainties caused by the conflict in the Middle East.
How much did Crest Nicholson shares drop?
Crest Nicholson shares were down 34% at 76.6 pence, the sharpest drop since March 2020.
What triggered Crest Nicholson's profit warning?
The profit warning was triggered by the company’s decision to cut volume guidance amid uncertainties resulting from the Middle East conflict.
When did this significant share drop occur?
The sharp decline in Crest Nicholson shares occurred on Tuesday, April 21.

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