Vistry, a UK housebuilder, issues another profit warning, cutting its estimate to £250M due to delays.

UK housebuilder Vistry announced its third profit warning in three months, reducing its annual profit estimate to £250 million from £300 million due to delays in home completions and deals. Despite the profit hit, Vistry reported strong demand from partners and plans to continue addressing the UK's housing shortage. The company's shares fell to a two-year low following the announcement.

3 months ago
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