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Evening Standard

Business

Joanna Hodgson

Vistry builds up profits as demand for affordable homes stays high

Vistry Countryside Partnerships Greg Fitzgerald

Housebuilder Vistry is on track to meet profit expectations
(Picture: Vistry)

Housebuilder Vistry Group has said its affordable housing and rental sector work has partly cushioned it from the wider property slowdown.

The FTSE 250 firm’s chief executive Greg Fitzgerald gave the update as Vistry said it is on track to meet adjusted pre-tax profit expectations of £418 million for 2022, up 21% from a year earlier.

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