Profit to take a dip at McCarthy & Stone

John Tonkiss, McCarthy & Stone chief executive

Retirement housebuilder McCarthy & Stone is expected to report operating profit for the year to be between £65m and £73m, down from £96m it made in 2017. In a trading update for the year ended 31 August 2018, ahead of reporting its annual results on 13 November, the company is expected to report revenue of…

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