Vistry buoys investors as firm says buyer confidence is on the way back

By Joey Gardiner2023-03-22T11:40:00

Housebuilder says merger with Countryside progressing better than expected in upbeat results statement

Shares in Vistry have risen sharply after the housebuilder said consumer confidence was growing and its merger with Countryside was proceeding better than expected.

Announcing full year results for 2022, the housebuilder and partnerships housing provider, which pulled off a £1.1bn takeover of rival Countryside in November last year, added that it expected to increase profitability this year, despite the tough economic conditions.

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