Story thread · 3 reports / 3 sources

Vistry takes £500m hit as new boss downsizes housebuilder

cityam.com · 6h · first report

How the coverage leans

Across 3 sources · syndicated copies counted once

Vistry has taken a nearly £500m hit to its value, as the beleaguered housebuilder’s new chief executive sets out drastic plans to downsize the firm to ensure its survival. Adam Daniels, the new boss of the FTSE 250 housebuilder, told shareholders on Thursday that his review into the group revealed that its assets were worth [...]

The coverage

  1. UK housebuilder Vistry cuts jobs and downsizes following £661m loss

    independent.co.uk · 3h

  2. Housebuilder Vistry slashes profit forecasts as losses balloon

    theguardian.com · 4h

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