BREAKING NEWS
This content is not available in your region

Vistry raises 2021 profit outlook on strong demand

Access to the comments Comments
Text size Aa Aa

(Reuters) – Homebuilder Vistry Group on Monday raised its annual profit forecast on strong demand, as the housing sector benefits from an extension of a property tax holiday and lower interest rates.

Vistry said it expects adjusted profit before tax for financial year 2021 to be about 325 million pounds ($458.06 million), up from a prior forecast of 310 million pounds.

($1 = 0.7095 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Devika Syamnath)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.