Finance

Vistry raises profit target as rising house prices outweigh increased costs

By 2021-09-07T07:38:00

Greg Fitzgeralld

Housebuilder Vistry has raised profit guidance for the current year as rising house prices offset higher construction costs.

Adjusted profit before tax in 2021 is now expected to be around £345m, around 5% ahead of the group’s current expectations.

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