UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty
Bovis Homes owner’s shares plunged 10.5% after it was forced to cut prices as buyers have become cautious One of the UK’s biggest housebuilders has warned its profits will be “significantly” lower, as it was forced to cut prices after heightened uncertainty sparked by the US-Israeli war on Iran. Vistry’s shares plunged 10.5% in early trading on Wednesday, hitting their lowest level in nearly 15 years, as it warned shareholders its first-half profits will be hit by the fallout from the Middle Eas
Bovis Homes owner’s shares plunge 10.5% after being forced to cut prices as buyers become cautious
One of the UK’s biggest housebuilders has said its profits will be “significantly” lower, as it was forced to cut prices after heightened uncertainty caused by the US-Israeli war on Iran.
Vistry’s shares plunged 10.5% in early trading on Wednesday, hitting their lowest level in nearly 15 years, as it told shareholders its first-half profits would be hit by the fallout from the Middle East conflict.
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