Vistry ‘significantly outperforms’ housing market Property British housebuilder Vistry has reported a rise in revenue and said it is on track to build close to 20,000 homes this year, bucking the trend in a struggling industry. Revenue rose by 11 per cent to £1.97m in the half-year ended 30 June 2024, while operating profit rose 10 per cent to £227.3m. Profit before [...]
Vistry shares plunge after builder warns on profit Property Vistry shares plunged around a third in early deals this morning after the company issued an unscheduled profit warning. The share price has since stabilised, but it remains down by just over 24 per cent. The group has warned that its profit will be £80m lower than expected this year due to issues with some [...]
Vistry’s share price jumps 15 per cent as it sets out new affordable homes focus HOUSING Shares in Vistry jumped 15 per cent this morning after the housebuilder said it will now solely focus on building affordable homes.
Vistry: Housebuilder defends doubled pay packet for chief February 21, 2024 Housebuilder Vistry Group's boardroom remuneration committee has not bowed to shareholder pressure over its chief executive’s hefty salary and bonus package.
Homebuilder Vistry boosts output target as cost inflation softens July 9, 2024 Vistry announces strong first-half results
Vistry launches buyback as revenue boosted by affordable housing push March 14, 2024 Vistry has reported a rise in revenue during the full year as its transition to affordable housing appears to be paying off.
Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
Vistry lifts profit outlook and build target on demand for affordable homes May 16, 2024 British housebuilder Vistry is on track to build close to 2,000 more homes than what it built last year.
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook July 5, 2024 Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
Vistry shares up on positive outlook for housebuilder May 18, 2023 Housebuilder Vistry said it expects profit to grow this year despite pressure that has been squeezing many of the country’s property companies in recent months. The company, formerly known as Bovis Homes, said it expects to make a pre-tax profit “in excess of £450m” during the current financial year. It would be an increase from [...]