Profit to eclipse forecast, says new Bovis business

By Joey Gardiner2020-01-15T11:15:00

Company now known as Vistry says consumer confidence is up

Listed housebuilder Vistry, the firm born from the purchase by Bovis of Galliford Try’s Linden Homes and partnerships housing business, said that consumer confidence was returning as it predicted that full-year results will be above market expectations.

The firm said that results for 2019, which will just reflect trading of the Bovis business pre-merger, will show operating profit “slightly ahead” of market expectations of £181.6m, after selling 3,867 homes, up 3% on 2018.

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