crest nicholson holdings plc said wednesday that progress in its financial and operational performance has led to a new growth strategy which will see it expand into new geographies with new mediumterm targets the house builder said that it has a twophase plan the first part of which involves increasing volume growth and gross margin rate accretion from its existing divisions between fiscal 2022 and fiscal 2024 the second phase involves volume growth from three new divisions between fiscal 2024 and fiscal 2026 the company said that it will target more than 3000 home completions by fiscal 2024 rising to more than 4200 completions by fiscal 2026 it will also target operating profit margins of 18 to 20 over the course of the plan the leadership team has a clear focus on delivering strong earnings accretion and creating substantial value for shareholders over the medium term we are excited about the opportunities that lie ahead chief executive peter truscott said crest also said it has set new climate change targets and it plans to achieve net zero emissions across its value chain by 2050 at the latest