Company suspends dividend payouts after shares dip by 8% with profits down by more than a thirdBusiness live – latest updatesProfits at the UK housebuilder Vistry Group have slumped by more than a third in what it described as a “disappointing year” but it is pinning hopes of a turnaround on the government’s promise this week to inject £2bn into affordable homes.After three profit warnings last year, Vistry suspended dividend payouts to shareholders on Wednesday. Its shares were the biggest faller on the FTSE 250 index, dropping by 8% before easing to 6% down. Continue reading…
Source link : https://www.theguardian.com/business/2025/mar/26/uk-housebuilder-vistry-treasury-injection-profits-plummet
Author : Julia Kollewe
Publish date : 2025-03-26 15:12:00
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Housebuilder Vistry pins hopes on £2bn affordable homes promise as profits fall
