Overview
British housebuilder's 2025 adj revenue beat analyst expectations despite a 4% yr/yr decline
Adjusted profit before tax for 2025 was in line with guidance
Company aims for net cash position by end of 2026, focusing on cash generation
Outlook
Vistry expects to achieve a net cash position by year-end 2026
Company anticipates revenue and volume growth in 2026
Vistry's forward order book totals £4.5 bln as of March 2026
Result Drivers
AFFORDABLE HOUSING - Vistry delivered one in seven of the UK's affordable homes in 2025, highlighting its role in addressing housing needs
PRICING INITIATIVES - Targeted pricing and sales incentives boosted sales volumes, aiding revenue growth and cash generation
LAND ACQUISITION - Secured new land and development opportunities totaling 12,599 mixed tenure plots, positioning for future growth
Company press release: ID:nRSD2133Va
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adj Revenue
Beat
GBP 4.16 bln
GBP 4.09 bln (17 Analysts)
FY Adj Pretax Profit
GBP 268.80 mln
FY Operating Margin
8.50%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 11 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the homebuilding peer group is "buy."
Wall Street's median 12-month price target for Vistry Group PLC is GBp670.00, about 6.1% above its March 3 closing price of GBp631.60
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)