Vistry profits fall sharply, in line with expectations

15th Jan 2025 07:26

(Sharecast News) - Vistry Group reported a sharp decline in adjusted profit before tax for the financial year ended 31 December on Wednesday, to around £250m from £419.1m in 2023.

Read more

London close: Stocks finish first week of 2025 weaker

3rd Jan 2025 17:12

(Sharecast News) - London stock markets closed in the red on Friday as sharp declines in airline, mining, and housebuilding stocks weighed on indices, with a lack of significant news and profit-taking following a recent rally dampening sentiment.

Read more

Berenberg slashes Vistry targets after 'horrible Q4'

3rd Jan 2025 09:24

(Sharecast News) - Berenberg has slashed its forecasts and target price for Vistry after an unscheduled profit warning from the housebuilder on Christmas Eve, saying that the company may need to reconsider its financial targets.

Read more

Vistry spoils Xmas spirit with third profits warning this year

24th Dec 2024 07:02

(Sharecast News) - Santa won't be visiting Vistry shareholders this Christmas after the house builder issued its third consecutive profits warning on Tuesday, with the shares taking as a result.

Read more

London close: Stocks mixed as oil prices rise

5th Dec 2024 14:40

(Sharecast News) - London stocks closed mixed on Thursday as investors digested a new report on the UK construction sector and monitored political developments in France, while Frasers Group weighed heavily on sentiment after the retailer slashed its profit outlook.

Read more

Vistry Group strikes deal to build 950 homes in east London

5th Dec 2024 07:26

(Sharecast News) - Vistry Group has agreed to build nearly 950 new homes near London's Olympic Park, the blue chip announced on Thursday.

Read more

London close: Stocks little changed on weak manufacturing, retail data

2nd Dec 2024 15:14

(Sharecast News) - London markets ended Monday with little direction, as investors weighed a batch of UK data releases, with housebuilders in focus.

Read more

RBC Capital downgrades Persimmon, Vistry

2nd Dec 2024 10:06

(Sharecast News) - RBC Capital Markets upgraded Barratt Redrow and Crest Nicholson on Monday but downgraded Persimmon and Vistry as it took a look at UK housebuilders.

Read more

London close: Stocks still positive after US inflation reading

27th Nov 2024 15:06

(Sharecast News) - London markets posted modest gains on Wednesday, following a key US inflation reading that showed relative stability in price rises in October.

Read more

London close: Stocks fall as UK inflation tops BoE targets

20th Nov 2024 15:04

(Sharecast News) - London stocks ended Wednesday in negative territory as unexpectedly high UK inflation data dampened hopes of an imminent interest rate cut by the Bank of England.

Read more

London close: Stocks maintain gains ahead of UK jobs data

11th Nov 2024 16:57

(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.

Read more

Broker tips: Trustpilot, Ceres Power, Vistry

11th Nov 2024 10:55

(Sharecast News) - Deutsche Bank initiated coverage of review platform Trustpilot on Monday with a 'buy' rating and 331p price target.

Read more

Berenberg slashes Vistry price target after profit warning

11th Nov 2024 08:53

(Sharecast News) - Berenberg slashed its price target on Vistry on Monday to 750p from 1,000p after the housebuilder issued another profit warning last week.

Read more

Vistry warns on profits again

8th Nov 2024 07:58

(Sharecast News) - Vistry tumbled on Thursday as it warned on full-year profits again, cutting its forecast for completions and highlighting issues at its South Division.

Read more

London close: Stocks down on corporate earnings, Budget fallout

31st Oct 2024 15:59

(Sharecast News) - London stocks ended Thursday in negative territory, weighed down by corporate earnings releases and the market's response to the new Labour government's budget unveiled on Wednesday.

Read more