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The Latest Breaking News from Vistry

Vistry promotes Adam Daniels to top job after speedy search

The group said last month that former boss Greg Fitzgerald was retiring and that the business would be splitting his executive chairman role.

Evening Standard

Stocks recoup some lost ground as oil price cools

With the Middle East crisis entering its fifth day, the oil price cooled a touch.

Evening Standard

Bosses at housebuilders Barratt Redrow and Vistry set to retire

Leicestershire-based Barratt Redrow said on Wednesday that David Thomas is set to step down as chief executive of the company after 11 years.

Evening Standard

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Taylor nudges down annual earnings forecast after budget uncertainty hit sales

The builder said it now expects operating profit of around £420 million for 2025, down from guidance for around £424 million in November.

Evening Standard

House sales slump at Vistry after budget uncertainty drives ‘subdued market’

The FTSE 250 company reported that total home completions dropped by almost 9% to around 15,700 in the year to December 31.

Evening Standard

Housebuilders in focus as firms set to reveal figures amid sluggish market

Persimmon is due to publish a full-year trading statement on Tuesday January 13, with Vistry and Taylor Wimpey reporting later this week.

Evening Standard

FTSE 100 eases as EU leaders weigh Ukraine deal

The FTSE 100 index closed down 4.80 points, 0.1%, at 9,534.91.

The Independent UK

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Developers met ministers dozens of times over planning bill while ecologists were shut out

Exclusive: Leading ecologists say warnings over threat to wildlife have been ignored in drive to build 1.5m new homes

The Guardian - UK

Developers encroach on 2,000-year-old Devon wetland citing ‘blockages’ to Labour’s housing plans

According to planning conditions, Wolborough Fen in Newton Abbot must be protected as groundworks are prepared for 1,200 homes

The Guardian - UK

FTSE 100 closes lower as geopolitical issues worry investors

Nato fighter jets shot down Russian drones over Polish airspace for the first time.

Evening Standard

Housebuilder Vistry’s profits more than halve amid economic uncertainty

Fall to £40.9m in first six months of year pushes share price down, with order book lower than year ago

The Guardian - UK

Vistry profits tumble as home buyers remain wary

The group reported pre-tax profits falling 55% to £40.9 million in the six months to June 30.

Evening Standard

‘No shops, no schools’: homes in England built without basic amenities

Thousands of properties going up without access to playgrounds, community infrastructure and even doctors

The Guardian - UK

Miners help propel FTSE 100 to new record high

Mining stocks climbed after US President Donald Trump said he would enact a 50% copper tariff in August, sending copper prices higher.

Evening Standard

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Evening Standard

Vistry welcomes ‘unprecedented’ funding to boost building of affordable homes

Vistry said that the Government stepping up funding into affordable homes was ‘hugely welcome’.

The Guardian - UK

Labour MPs alarmed by rise in sponsored events arranged by party

Invitations for receptions sent from parliamentary office include ads for housebuilders and public affairs firms

The Guardian - UK

Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation

Watchdog found evidence of information sharing linked to prices but firms have not admitted any wrongdoing

The Guardian - UK

Housebuilder Vistry pins hopes on £2bn affordable homes promise as profits fall

Company suspends dividend payouts after shares dip by 8% with profits down by more than a third

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Evening Standard

Vistry cheers Labour’s affordable homes pledge after profits slump

The housebuilder saw pre-tax profits plunge 64% to £104.9 million in a ‘challenging’ 2024.

Evening Standard

Vistry avoids another profit warning but sees uncertainty ahead

The firm issued its third profit alert in as many months at the end of last year.

The Independent UK

UK housebuilders to shed light on property market amid Government targets

London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week.

Evening Standard

London stocks move higher before Christmas despite weaker housebuilders

The FTSE 100 finished 34.27 points, or 0.42%, higher to end the day at 8,136.99.

The Guardian - UK

UK housebuilder Vistry’s shares plunge as it issues third profit warning

Business, relegated from the FTSE 100 share index this week, blames delays at developments

The Independent UK

Housebuilder Vistry takes another £50m profit hit amid delays

The group issued its third profit warning since October, and said the last few months had been ‘disappointing’ and ‘challenging’.

The Guardian - UK

Watch out for the Weirdboyz: Games Workshop on track for FTSE 100

UK miniature wargames maker’s shares have risen by 43% since the start of 2024

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