Ashley House warns investors

Extra care developer Ashley House has warned its shareholders that it is unlikely to make a profit in the current financial year. In a trading update, the AIM-listed company stated that, in order to reach market expectations for profits in the financial year ending 30 April 2014, the company would need to achieve planning and exchange legal contracts on four out of six extra care schemes currently in development.

You must be a CM Subscriber to view this content.

Subscribe Now »