Vistry Group shares plunged on Tuesday after the firm issued its third profit warning in three months following delays to some home completions and transactions. Following this trading update, shares in Vistry Group plummeted on Tuesday morning by 16.2 per cent to 548p, taking their losses over the past six months to around 55 per cent. Downgrade: Vistry Group shares …
Vistry Group shares plummeted on Tuesday and the firm warned of a £115million hit to profits due to higher-than-projected build costs. It revealed it had 'recently become aware' that total full-life cost estimates for nine developments in its south division, including a few large-scale schemes, had been understated by around 10 per cent. Vistry: The housebuilder was the biggest FTSE …
