Housebuilder Vistry warns of losses amid heavy discounting on unsold homes
Housebuilder Vistry announced it expects a £30 million loss in the first half of the year due to heavy discounting and a weakening market. Vistry shares fell 8% following the news and the resignation of finance director Tim Lawlor. The firm has reduced its unsold homes from £600 million to under £300 million but anticipates ongoing market challenges.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 08 Jul 2026, 11:32 UTC · Updated 08 Jul 2026, 11:50 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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