Half Year Results 

McCarthy & Stone completions to remain subdued

McCarthy & Stone completions to remain subdued

The closure of sales and construction sites following the Covid-19 outbreak meant the volume of completions fell by almost half for McCarthy & Stone (MCS) during the first half. Management is not expecting any bounce back in trading this year, prompting the retirement home provider to record goodwill and brand impairments totalling £60m. 

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