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Vistry Group's profit rose 2% in 2025, but shares fell 22% as it warned of lower 2026 margins due to weak demand and planned pricing cuts.
Vistry Group reported a 2% rise in adjusted pre-tax profit to £269 million for 2025, with revenue down 4% and 15,700 homes completed.
Despite strong financials, shares dropped 22% as the company warned 2026 margins would fall due to targeted pricing to boost sales amid weak demand.
CEO David Thomas will retire in 2026, succeeded by Dean Banks, while chair Greg Fitzgerald will step down in May 2026.
The firm expects higher completions and sales but faces challenges with high work-in-progress, especially in London, and plans to reduce inventory through incentives.
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El resultado de Vistry Group aumentó un 2% en 2025, pero las acciones cayeron un 22%, ya que advirtió de márgenes más bajos en 2026 debido a la débil demanda y a los recortes de precios planificados.