Vistry issues third profit warning in as many months with original forecast now slashed by 40%

By Dave Rogers2025-01-02T07:00:00

Housebuilder says 2024 figure will be around £250m, having originally predicted £430m

Vistry has issued its third profit warning in the past three months, meaning it has cut its pre-tax profit forecast by more than 40% since October.

The housebuilder, which is set to become the biggest by number of homes built this year, said pre-tax profit will be £50m less than previously expected when it announces its 2024 numbers in the spring.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community