Homebuilder Vistry sees annual profit slightly above market view

Vistry Group, formerly known as Bovis Homes Group, said on Wednesday it expects annual profit to be slightly above market expectations as it sold more private and affordable homes and gained from its cost-cutting efforts.

Corrects Reuters instrument code in paragraph 1

Jan 15 (Reuters) - Vistry Group VTYV.L, formerly known as Bovis Homes Group, said on Wednesday it expects annual profit to be slightly above market expectations as it sold more private and affordable homes and gained from its cost-cutting efforts.

The homebuilder, which recently closed a deal to buy Galliford Try's GFRD.L residential units, said it completed a total of 3,867 new homes in the year, up 3% from a year earlier.

(Reporting by Indranil Sarkar in Bengaluru; Editing by Anil D'Silva)

((Indranil.Sarkar@thomsonreuters.com; within UK +44 20 7542 1810, outside UK +91 80 6749 9573;))

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