Vistry shares plunge on warning over first-half losses
The housebuilder said it was now set to tumble to a loss of around £30 million in the first half of the year
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Summary
The housebuilder said it was now set to tumble to a loss of around £30 million in the first half of the year. Housebuilder Vistry has warned it expects to slump to a half-year loss amid an overhaul and said difficult market conditions are not set to improve until next year. The builder said market conditions had worsened between April and June due to “increased uncertainty and lower customer confidence triggered by the Middle East conflict”.
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The housebuilder said it was now set to tumble to a loss of around £30 million in the first half of the year
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Housebuilder Vistry has warned it expects to slump to a half-year loss amid an overhaul and said difficult market conditions are not set to improve until next year.
according to The IndependentThe builder said market conditions had worsened between April and June due to “increased uncertainty and lower customer confidence triggered by the Middle East conflict”.
according to The Independent
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