Brief: Vistry Group Expects FY 2026 Adjusted PBT In Line With Consensus Of £200m
08/07/2026 07:21
BRIEF-Vistry Group Expects FY 2026 Adjusted PBT In Line With Consensus Of £200m July 8 (Reuters) - Vistry Group PLC VTYV.L:
TRADING UPDATE
EXPECTS H1 2026 PBT OF APPROX £20M EXCLUDING SPECIFIC ACTIONS
EXPECTS H1 2026 LOSS BEFORE TAX OF APPROX £30M INCLUDING CASH GENERATION ACTIONS
EXPECTS FY 2026 ADJUSTED PBT IN LINE WITH CONSENSUS OF £200M
COMPLETES DEAL TO SUBSTANTIALLY EXIT PART EXCHANGE POSITION; WILL NO LONGER OFFER PART EXCHANGE
EXPECTS ANNUAL OVERHEAD SAVINGS OF APPROX £25M
COST SAVINGS THAT ARE IMPLEMENTED THIS YEAR WILL GENERATE A FULL YEAR BENEFIT IN 2027
EXPECT DECISIVE CASH ACTIONS BEING TAKEN TO RESULT IN A MATERIALLY IMPROVED H2 2026 CASH AND PROFIT PERFORMANCE
OPEN MARKET CONDITIONS DETERIORATED IN Q2, ON INCREASED UNCERTAINTY AND LOWER CUSTOMER CONFIDENCE TRIGGERED BY MIDDLE EAST CONFLICT