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Housing Today
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Vistry raises profit forecast as conditions ‘improve’
Housebuilder issues update amid expected controversy over remuneration package at AGM
Housebuilder Vistry has raised its pre-tax profit forecast for the 2023 calendar by £10m on the back of “improving market conditions”.
The firm, which bought partnerships housebuilding specialist Countryside last November, said it now expects “adjusted” pre-tax profit for the year to be in excess of £450m, up from the £440m it was guiding the market to expect back in March.
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