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    Vistry shares plunge on first-half loss warning

    2 weeks ago

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    Housebuilder Vistry has warned of a projected £30 million loss for the first half of the year, a significant drop from last year's £40.9 million profit. Shares fell by 12% amid challenging market conditions and a restructuring led by new CEO Adam Daniels. The company anticipates no significant market improvement until 2027, despite ongoing cost-cutting measures.
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