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.
Read moreDirector 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.
Read moreVistry 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.
Read moreBerenberg 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.
Read moreVistry 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.
Read moreVistry 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.
Read moreHousebuilders slump as HSBC warns over downturn
2nd Sep 2022 14:10
(Sharecast News) - London-listed housebuilders were under the cosh on Friday after HSBC downgraded a raft of key names in the sector, cautioning over a downturn ahead.
Read moreVistry sees margins ahead of target as demand soars
8th Jul 2022 07:04
(Sharecast News) - House builder Vistry said it expected price rises to drive margins above full year targets after a better-than-expected first half driven by strong demand.
Read moreVistry launches £35m share buyback
27th May 2022 07:04
(Sharecast News) - Housebuilder Vistry has launched a £35.0m share buyback programme as part of an effort to return surplus capital to investors and reduce the group's overall share capital.
Read moreVistry boosts profits expectations
18th May 2022 08:07
(Sharecast News) - Vistry Group expects full-year profits to come in at the top of forecasts, the FTSE 250 housebuilder said on Wednesday, following a strong start to the year.
Read moreBellway and Vistry set aside combined £350m for fire safety works
7th Apr 2022 07:58
(Sharecast News) - Bellway and Vistry said the extra cost of making buildings safe after the Grenfell Tower fire would be £300m and up to £50m respectively.
Read moreUK house builders rally on cladding hopes
14th Mar 2022 08:29
(Sharecast News) - Shares in UK house builders rallied on Monday on hopes that the cost of fixing the cladding scandal may be less than initially feared.
Read moreVistry FY revenue and profits grow in year of 'excellent progress'
2nd Mar 2022 07:16
(Sharecast News) - Housebuilder Vistry said on Wednesday that completions, revenue and profits had all improved in 2021, with the group reporting "excellent progress" throughout the year amid strong demand across all areas of the business.
Read moreVistry sees FY profits in line with expectations
12th Jan 2022 08:07
(Sharecast News) - UK house builder Vistry Group said it expected full-year adjusted pre-tax profit to rise in line with guidance, after a strong increase in completed sales.
Read moreVistry chairman Ian Tyler to step down following AGM
15th Nov 2021 08:52
(Sharecast News) - Housebuilder Vistry said on Monday that chairman Ian Tyler will step down from the role at the group's annual general meeting in May 2022.
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