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United Kingdom

McCarthy & Stone PLC (MCS.L)

MCS.L on London Stock Exchange

105.50GBp
4:52pm BST
Change (% chg)

-2.70 (-2.50%)
Prev Close
108.20
Open
110.10
Day's High
111.30
Day's Low
103.20
Volume
19,993,296
Avg. Vol
1,711,504
52-wk High
182.00
52-wk Low
101.80

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Tue, Jun 19 2018

McCarthy shares drop 22 percent on profit warning, CEO departure

Shares of McCarthy & Stone Plc fell 22 percent on Tuesday to a record low after forecasting a drop in full-year profit and said its chief executive officer, Clive Fenton, would step down.

BRIEF-UK's McCarthy & Stone Sees Modest Growth Over Next 2 Years

* H1 PROFIT BEFORE TAX OF 10.5 MILLION STG VERSUS 21.8 MILLION STG A YEAR AGO

McCarthy & Stone sees modest growth over next two years

Britain's McCarthy & Stone said it expected modest growth in the next two years due to a decline in land exchanges and planning consents in the half-year, following a government proposal to set ground rents.

UPDATE 1-UK's McCarthy & Stone sees modest growth over next 2 years

April 11 Britain's McCarthy & Stone said it expected modest growth in the next two years due to a decline in land exchanges and planning consents in the half-year, following a government proposal to set ground rents.

BRIEF-Mccarthy & Stone Says ‍FY18 Forward Order Book At 366 Mln​ Stg

* ‍FY18 FORWARD ORDER BOOK INCLUDING LEGAL COMPLETIONS CURRENTLY STANDS AT £366M (FY17:£323M)​

BRIEF-Mccarthy & Stone ‍Responds To Media Commentary On Ground Rents​

* ‍NOTES MEDIA COMMENTARY REGARDING PROPOSAL BY DEPARTMENT FOR COMMUNITIES AND LOCAL GOVERNMENT (DCLG) TO REDUCE GROUND RENTS ON NEW LONG LEASES TO ZERO​

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