Retiree home builder McCarthy & Stone trims full-year profit outlook

By Reuters • Updated: 09/12/2019

(Reuters) – Britain’s biggest builder of homes for retirees, McCarthy & Stone <MCS.L>, trimmed its full-year profit forecast on Thursday, months after issuing a profit warning citing cautious consumer spending and economic uncertainty.

The company now expects full-year operating profit between 65 million pounds to 73 million pounds, compared with the previous estimate of 65 million pounds to 80 million pounds.

(Reporting by Sangameswaran S in Bengaluru; Editing by Amrutha Gayathri)

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