Vistry shares under pressure as brokers cut profit forecasts
Vistry Group PLC (LSE:VTY) shares fell 11.4% to 288.8p after analysts cut earnings forecasts after a warning that heavier discounting and rising build costs will hit first-half profits harder than expected. However, analysts said the housebuilder’s focus on cash generation should strengthen...
Vistry Group PLC (LSE:VTY) shares fell 11.4% to 288.8p after analysts cut earnings forecasts after a warning that heavier discounting and rising build costs will hit first-half profits harder than expected. However, analysts said the housebuilder’s focus on cash generation should strengthen...
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