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Proactive Investors
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3 months ago
Vistry Group PLC (LSE:VTY) expects to report a first-half loss after its new chief executive accelerated measures to cut debt, reduce stock and reshape the housebuilder's operations. The partnerships-focused housebuilder said it expects a loss before tax of about £30 million for the six months to 30 June after taking a £50 million hit from actions including heavier discounts on slower-selling h...