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RickyD

Mccarthy & Stone Warns Of ‘Weakness’ Since Eu Referendum

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https://www.ft.com/content/4509648d-e514-3c43-b793-bf44c8742531

(Behind a Pay Wall - do a google search for 'McCarthy & Stone warns of ‘weakness’ since EU referendum' to see it)

"Retirement housebuilder McCarthy & Stone enjoyed strong revenue growth in its first year back on the London Stock Exchange, but warned that it could struggle to hit targets for next year after seeing “evidence of some weakness” in the market since the EU referendum.

The company warned that a prolonged weakness in the housing market “could affect our ability to deliver” its volume growth targets for the next financial year."

EDITED BY MODERATOR

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Their service charges are high too so expensive to live in especially if you've been a freeholder before for years with only "normal" bills to pay eg council tax and utilities.

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https://www.ft.com/content/4509648d-e514-3c43-b793-bf44c8742531

(Behind a Pay Wall - do a google search for 'McCarthy & Stone warns of ‘weakness’ since EU referendum' to see it)

"Retirement housebuilder McCarthy & Stone enjoyed strong revenue growth in its first year back on the London Stock Exchange, but warned that it could struggle to hit targets for next year after seeing “evidence of some weakness” in the market since the EU referendum.

The company warned that a prolonged weakness in the housing market “could affect our ability to deliver” its volume growth targets for the next financial year."

EDITED BY MODERATOR

...just another 'Business as Usual' owner looking for an excuse for poor performance .....Brexit .....which has lifted the UK export market and tourism..we are selling to the world at the right price much to the disgust of the German car industry............. :rolleyes:

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