September 6, 2018 / 6:26 AM / 3 months ago

Retiree home builder McCarthy & Stone trims FY profit outlook

Sept 6 (Reuters) - Britain’s biggest builder of homes for retirees, McCarthy & Stone, trimmed its full-year profit forecast on Thursday, months after issuing a profit warning citing cautious consumer spending and economic uncertainty.

The company now expects full-year operating profit between 65 million pounds to 73 million pounds ($83.9 million-$94.2 million), compared with the previous estimate of 65 million pounds to 80 million pounds.

$1 = 0.7749 pounds Reporting by Sangameswaran S in Bengaluru; Editing by Amrutha Gayathri

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