Vistry upgrades profit guidance amid rise in home completions | 17 May 2021
17 May 2021 | 07:07am StockMarketWire.com - Home builder Vistry upgraded its annual earnings guidance amid a rise in sales rates and home completions. Adjusted pre-tax profit for the year through December was now expected to be around £325 million, up from previous guidance of at least £310 million. Vistry said the upgraded reflected strong trading in the first half and increased expectations for annual home completions. In the year to date, the company's average weekly private sales rate had risen to 0.75, up from 0.44 year-on-year and 0.62 in the same part of 2019. Home completions were e...