McCarthy & Stone plc provided earnings guidance for the full year ended 31 August 2018. Full year revenue is expected to be c.£670 million against £661 million supported by a 10% increase in average selling price to c.£300,000 against £273,000 reflecting continuing improvements in the sales mix, as well as quality and location of developments. Operating profit for the year is now expected to be within the current analyst forecast range of c.£65 million to £73 million against operating profit of £96 million in 2017. Year end net cash is expected to be c.£4 million against net cash of £31 million in 2017 .