Crest Nicholson

Trading Update stated:

The group has reported that volumes for the full-year will grow 2.3%, with private average sales prices growing 5.4%
Margins are expected to be at the top end of the 18-20% range
Key metrics being short of expectations suggesting full-year numbers slightly lower than forecast
Order book stands at 13.6% yoy

As of 8.29am the stock was trading down c.4.7% at c.494.55p