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Davy Research

Vistry Group

Downgrades to FY26; CEO review

Sep 24 2026, 08:14 IST/BST
Ciaran Mulqueen
Company Report
6 page(s)

Sectors : Construction and Housebuilding

Companies : Vistry Group

Ratings and price correct at time of issue.

Vistry Group

Closing Price: 268p
RATING 24/12/24
NEUTRAL
PREVIOUS RATING 10/09/13

OUTPERFORM

Person's Name

Ciaran Mulqueen

Analyst

DAVY VIEW

The group downgraded its FY 2026 adjusted profit before tax (PBT) guidance to £165m from £200m previously. The Chief Executive Officer (CEO) of the business concluded that it wants to exit the market for privately sold homes in the Southeast of England, which will require discounting of inventory.

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Sep 24 2026, 08:14 IST/BST