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The Nexus
BUSINESSMay 13 · 09:46 UTCTHE GUARDIAN WORLDKalyeena Makortoff Banking correspondent

UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty

Vistry, a UK housebuilder, warns of significantly lower profits due to uncertainty from the US-Iran conflict, cutting prices as buyers become cautious, resulting in a 10.5% plunge in shares. The company's first-half profits will be hit by the fallout from the Middle East conflict. Vistry's shares have reached their lowest level in nearly 15 years.

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