Vistry: Labour housing pledge to boost company despite profit slump

City A.M.

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Vistry’s stock price was upgraded this morning by Peel Hunt following the publication of its annual results, despite the housebuilder’s chief describing 2024 as a “challenging year” The FTSE 250 firm managed to meet the weak forecasts expected by the markets in its annual results, with profit before tax falling 35 per cent to £264m [...]

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