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 [...]
Vistry: Shares rise on positive outlook despite falling profit from ‘exceptional expenses’ on Grenfell fire safety changes March 22, 2023 Vistry’s shares rose this morning despite a fall in profit as the company set out a positive outlook for the coming year. The Kent-based housebuilder’s pretax profit fell to £247.5m from £319.5m the year before, a fall of 23 per cent. It set aside cash to make buildings fire safe in the wake of the [...]
Housebuilder Vistry exceeds expectations after bidding on Countryside September 8, 2022 Vistry, one of the biggest housebuilders in the UK, has bagged £1.64bn in forward sales so far this year, as it seeks to ride out the current economic storm as a construction powerhouse with Countryside Partnerships. House completions rose five per cent to 5,409 in the six months to 30 June. Meanwhile, revenue inched three [...]