Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Stephen Teagle says issues which led to underestimated build costs are ‘out of the rear view mirror’
Vistry has put the issues that led to successive profit warnings last year behind it, according to the chief of its partnerships division, pointing to the renewal of the firm’s agreements with lenders as proof it had turned a corner.
Last week the housebuilder released interim results for the first six months of 2025, which showed an adjusted pre-tax profit of £80m, down a third on the £120.7m reported a year prior.
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