0948 GMT - Shares in U.K. housebuilders rose after Crest Nicholson reported a swing to pretax profit for FY 2025. The company noted a balance sheet improvement, early signs of demand recovery and gave FY 2026 guidance where it pointed to adjusted pretax profit and volume growth, margin improvement and reduced net debt in a 15 million pounds to 65 million pounds range as its transformation plan continues. Crest Nicholson shares are up 6.8%, followed by Vistry, up 0.8%, Taylor Wimpey and Barratt Redrow, both up 0.7%.(anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
January 29, 2026 04:48 ET (09:48 GMT)
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