Vistry Group (GB:VTY) has released an update.
Vistry Group PLC reports a robust first half of 2024, with expectations of over 18,000 housing completions and a 10% increase in adjusted operating profits. The company secured new land and development opportunities, totaling 8,225 mixed-tenure homes, and remains committed to a £1 billion return to shareholders within three years. Vistry’s partnerships model continues to thrive, positioning the company well in the affordable housing market and in line with the new government’s housing initiatives.
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