Vistry’s shares drop as housebuilder forecasts £30m H1 loss

Vistry has warned it expects to post a first-half loss of £30m, as profit took a hit from what the company termed “cash generation actions”, which included deep pricing discounts, accelerated asset sales, changes in site mix and changes in build rates. The FTSE-250 listed… The post Vistry’s shares drop as housebuilder forecasts £30m H1 loss appeared first on Construction News.