Finance boss departs as Vistry says it will make £30m first half loss and daily debt level hits £800m

vistry

Tim Lawlor to go this autumn as housebuilder says ‘voluntary exit scheme’ will help produce annual savings of £25m from next year

Vistry said it expects to make a first half pre-tax loss of £30m, announced it was looking for a new finance boss and that its daily net debt level has climbed to £800m in the first six months of the year.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now