Finance

Vistry resumes dividend as it forecasts 2021 profit to more than double

By 2021-01-12T08:10:00

Finance generic

Source: Shutterstock/Hand Robot

Housebuilder Vistry has told investors profit for 2021 will more than double if the year sees a return to more “stable market conditions” following a pandemic-hit 2020.

The group told investors pre-tax profit for last year will be at the top end of forecasts, coming in at around £140m, but is predicting the figure to rocket to £310m if the 2021 trading conditions improve.

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