Housebuilder Vistry has swerved another profit downgrade as it notched up a rise in completions, but cautioned over market uncertainty. The firm, which issued its third profit alert in as many ...
Vistry is in the midst of winding down their traditional homebuilding business. At present shares are trading below tangible book value, while historically traditional home builders in the UK have ...
Vistry said the outcome of the government’s spending review and a “recovery in consumer confidence” would prove pivotal. Vistry has warned of uncertain market conditions as it reaffirmed ...
Investors in Vistry (VTY) awoke on Christmas Eve to a stocking full of coal. The housebuilder had delivered a third profit warning, slashing its expected pre-tax profit by a further £50mn and sending ...
Vistry has swerved another profit downgrade as it notched up a rise in completions. Photo: Rui Vieira/PA Wire But Vistry, which builds affordable housing and works with local authorities ...
Firm had originally said 2024 number would be £430m but problems at South business slashed figure Vistry is rejigging its divisional structure as it attempts to get to grips with a series of problems ...
FY homes built up 7% to 17,200 units Sees FY24 revenue of 4.4 bln stg vs market view of 4.05 bln stg Shares boosted by surprise ease in Dec inflation Jan 15 (Reuters) - UK housebuilder Vistry ...
(Reuters) - UK housebuilder Vistry kept its 2024 earnings forecast on Wednesday after issuing three profit warnings since October, and said it would reduce its operating divisions from six to three.