UK housebuilder Vistry sees higher 2024 production after annual profit beat

March 14 (Reuters) - British housebuilder Vistry VTYV.L said on Thursday it would build more homes in 2024 than the prior year, buoyed by resilient demand for its affordable homes, after it posted a 2023 profit ahead of market view.

Vistry, one of the biggest British housebuilders in terms of annual homes built, posted adjusted pre-tax profit of 419.1 million pounds ($536.1 million) for the full year ended Dec. 31, beating LSEG average analysts' estimates of 405.9 million pounds.

($1 = 0.7818 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Rashmi Aich)


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.