Added to YB: 2026-09-30
Pitch date: 2026-09-25
VTY.L [neutral]
Vistry Group PLC
-20%
current return
Author Info
No bio for this author
Company Info
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing models.
Market Cap
GBP 909.6M
Pitch Price
GBP 3.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.10
P/E
-1.84
EV/Sales
0.43
Sector
Household Durables
Category
turnaround
Vistry PLC (LON: VTY) - Half year result
VTY.L (earnings): Vistry’s numbers are poor, but its plan to shrink to roughly 12,000 homes and tighten controls is coherent. Adjusted operating profit swung to a £36.2m loss, while a £475m goodwill write-down helped drive a £661.3m reported loss. The broadly neutral year-end net-cash target depends on two partner deals expected to deliver about £173m of net cash, while covenant waivers buy time rather than solve the balance-sheet strain.
Read full article (7 min)