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McCarthy & Stone buoyant in trading statement

Housebuilder McCarthy & Stone said it had increased sales by 34% over the half year in a trading statement released ahead of interim results due in April.

The group said the sales had been driven by increased demand for retirement homes.

Shares increased 13p to 321.5p.

References: Financial Times 08/03/03 page 14, The Times Business 08/03/03 page 51

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