Vistry Group PLC reported a significant first-half loss of £661.3 million, driven by a £475 million goodwill impairment and a £73.2 million building safety charge. Adjusted revenue fell 9% to £1.70 billion, with home completions down 8% to 6,304, and net debt rising to £468.8 million. The company plans to shrink its business, focusing on fewer regions and targeting 12,000 annual home completions, while aiming to cut overhead costs by £50 million annually. For 2027, Vistry expects adjusted profit before tax of around £185 million, assuming stable market conditions.
Vistry Group PLC reported a £661.3 million loss in the first half, including a £475 million goodwill impairment. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Sep 24, 2026 13:41 WIB: out of 112 priced US stocks, 35 rose and 69 fell. Notable movers include MMYT at USD 47.03 with a -2.71% change and a typical hold time of 11 days, EBAY at USD 106.31 with a -2.55% change and 100% buy order activity, and ARKO at USD 4.24 with a -2.53% change and a typical hold time of 31 days.
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