Vistry issues third profit warning in three months

Vistry has issued a third profit warning in three months warning that adjusted profit before tax for the year will be around £250m, some £50m below its previous guidance.
The partnerships house builder blamed delays to expected year-end transactions and completions for the shortfall.
In the firm’s year-end trading update, Greg Fitzgerald, executive chairman and chief executive, said that a number of agreements with its partners expected to complete this year had taken longer to