UK's Crest Nicholson warns on profit as new CEO rejigs homebuilder
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(Reuters) - Crest Nicholson Holdings Plc said on Thursday it expects a lower annual profit compared to last year, as its new top boss reviews the business and pushes ahead with changes in the British homebuilder's strategy to cope with Brexit.The company, which builds houses and flats in London and across England's southern half, has been hit by flat house prices due to uncertainty around Britain's divorce deal with the European Union and rising costs to build homes.Crest now expects a fiscal..