Download full report with analyst certification and important disclosures
Mar 26 2025, 08:03 GMT
Vistry Group
Closing out a very challenging year
- Sectors : Construction and Housebuilding
- Companies : Vistry Group
DAVY VIEW
2024 was a year to forget for Vistry. The group issued three profit warnings in the final quarter and specifically highlighted significant cost issues in its South Division. Final results are consistent with the most recent guidance, albeit adjusted pre-tax profit fell 35% last year. Hopes that further downside is limited has helped the stock gain over 10% year-to-date, although it is still over 45% lower than where it was a year ago.
