VTY Vistry Group PLC

238.80GBp-1.16%Mkt Cap: 825.07M $P/E: —

Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing models. The company was formerly known as Bovis Homes Group PLC and changed its name to …

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UK Housebuilders surge on new scheme to cut homebuyer deposits

Investing.com -- Shares in British housebuilders surged on Monday after the government said it would launch a state-backed equity loan scheme to help first-time buyers into new-build homes with deposits of just 2.5%.

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Vistry’s Homebuilding Reset Gets More Expensive

The U.K. homebuilder tumbled after a wider-than-expected first-half loss, rising debt and weaker cash guidance exposed the scale of the turnaround facing its new chief executive.

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European Markets Close Lower in Thursday Trading as Bond Yields, Oil Prices Rise

The European stock markets closed lower in Thursday trading as bond yields and oil prices surged whi

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Vistry cutting jobs and more than halving regional network after hefty losses

The builder reported pre-tax losses of £661.3 million for the six months to June 30, against profits of £40.9 million a year earlier.

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Vistry Group H1 Earnings Call Highlights

Vistry Group (LON:VTY) outlined a broad restructuring plan following a CEO review that will reduce its operating footprint, reshape its land bank and shift the business toward a more selective mixed-tenure housing model. Chief Executive Adam Daniels, who took the role in April, said the review foun

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Embattled housebuilder slumps to record £660m loss

Struggling housebuilder Vistry has plunged to its biggest-ever loss of £661m as Britain’s property crisis deepens.

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