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Berenberg slashes forecasts for Vistry after profit warning

By Benjamin Chiou

Date: Wednesday 09 Oct 2024

(Sharecast News) - Berenberg has slashed its target price for Vistry by more than a quarter after an unscheduled trading update and profit warning from the housebuilder this week.

After underestimating build costs on nine schemes in its Southern Division, Vistry said it now expects FY24 adjusted pre-tax profit to...

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