Vistry sees FY profits of more than £450m as market improves

18th May 2023 07:35

(Sharecast News) - UK housebuilder Vistry said it expected to report adjust annual earnings of more than £450m as the market continued to improve in the wake of the disastrous 'mini budget' of former prime minister Liz Truss.

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JPMorgan remains 'cautious' of UK housebuilders

18th Apr 2023 09:23

(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.

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HSBC upgrades housebuilders, says market downturn more than priced in

13th Apr 2023 08:11

(Sharecast News) - HSBC upgraded its stance on a host of housebuilders on Thursday as it argued that a downturn in the housing market and tepid recovery in return on invested capital are more than priced in to the shares.

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Vistry forms joint venture to build homes in Kingston

6th Apr 2023 09:16

(Sharecast News) - Vistry Group said on Thursday that its Partnerships division, Countryside Partnerships, has formed a 50/50 joint venture with The Guinness Partnership to deliver phase two of Signal Park in Tolworth in the Royal Borough of Kingston upon Thames.

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Vistry sees better housing market as profits surge

22nd Mar 2023 07:15

(Sharecast News) - UK house builder Vistry on reported better-than-expected full-year profits and said market conditions were improving.

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Vistry planning to cut around 200 jobs - report

3rd Mar 2023 14:07

(Sharecast News) - Vistry has reportedly told hundreds of employees they may lose their jobs as the housebuilder cuts costs in the midst of a housing slump.

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Liberum downgrades Taylor Wimpey on valuation grounds

6th Feb 2023 10:46

(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.

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Vistry's Countryside Partnerships buys 'major' site in Warrington

20th Jan 2023 08:15

(Sharecast News) - Vistry said on Friday that Countryside Partnerships and Torus, the largest provider of affordable housing in the North West, have bought the 170-acre Peel Hall site in Warrington and will push forward with plans to deliver around 1,200 homes.

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Berenberg remains 'cautious' on UK housebuilders

25th Nov 2022 07:22

(Sharecast News) - Analysts at Berenberg took a fresh look at a number of UK housebuilders on Friday, reiterating its 'cautious view' on the sector.

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Jefferies slashes targets for UK housebuilders to reflect downturn scenarios

25th Oct 2022 11:03

(Sharecast News) - Analysts at Jefferies took an axe to their target prices for several of the UK's largest homebuilders, telling clients that bottom fishing in the sector might prove premature as industry data had yet to reveal the full extent of the recent financial and political turmoil.

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Director dealings: Vistry CEO's company makes £2.8m investment

19th Oct 2022 14:00

(Sharecast News) - Vistry Group was in the red on Wednesday afternoon, after a share purchase worth almost £2.8m was linked to its chief executive officer.

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Vistry COO steps down ahead of proposed Countryside merger

14th Oct 2022 07:33

(Sharecast News) - Housebuilder Vistry said on Friday that chief operating officer Graham Prothero will stand down from the group following the completion of its proposed combination with Countryside Partnerships.

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Berenberg downgrades raft of housebuilders, upgrades Berkeley

12th Sep 2022 14:59

(Sharecast News) - Berenberg reviewed its ratings on a host of UK housebuilders on Monday as it warned that 2023 will likely be the toughest operating environment for the industry since the Global Financial Crisis.

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Vistry reiterates forecasts after strong start to the year

8th Sep 2022 07:37

(Sharecast News) - Housebuilder Vistry Group reiterated full-year profit guidance on Thursday after its interim performance exceeded internal expectations.

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Vistry to buy Countryside Partnerships in £1.25bn deal

5th Sep 2022 07:38

(Sharecast News) - Housebuilder Vistry said on Monday that it has agreed to buy Countryside Partnerships in a £1.25bn deal.

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