Shares of British housebuilder Barratt Redrow drop 8% due to permit delays impacting growth.
Barratt Redrow Shares Drop 8% Barratt Redrow, a UK home builder, reported a completion of a household that fell short of its guidance until June 29th and announced a £100 million ($134.5 million) share buyback program. The company anticipates adjusted profits for the full year to align with market expectations. By the end of the […]
Housebuilder Vistry pins hopes on £2bn affordable homes promise as profits fall | Vistry Group
The profits at the UK housebuilder visitor group have fallen by more than a third in what is described as a “disappointing year,” but this week it has pinned its turnaround hopes to the government's promise to inject £2 billion into affordable homes. After three profit warnings last year, Vistry suspended its dividend payments to […]
UK housebuilder Vistry’s shares plunge as it issues third profit warning | Vistry Group
British housebuilder Vistry has issued its third profit warning in three months, in a year-end blow to the builder that has seen its share price fall to a two-year low. The business, which was removed from the FTSE 100 share index on Monday, is expected to make an adjusted pre-tax profit of just £250m for […]