Vistry meanwhile said it plans to focus operations on its "high return, capital light, resilient partnerships model" by merging its Housebuilding and Partnerships businesses before the end of this year. It expects this to result in "a significant release of capital" and, in the medium term, will target revenue growth of 5 to 8% and a 40% return on capital employed. Vistry expects Countryside Partnerships, which it acquired for GBP1.25 billion in November last year, to deliver at least GBP35 million in synergy benefits this year, ahead of its GBP25 million target. It also expects group net debt to have reduced to around GBP100 million by December 31, and reaffirmed its target of adjusted pretax profit in excess of GBP450 million for the full year. "The integration of Countryside has progressed well in the first half, firmly establishing Vistry as the leading provider of affordable mixed tenure housing in the UK," commented Chief Executive Greg Fitzgerald.