Vistry Group

Model update: one-off transition cost reduces earnings

  • Sectors : Construction and Housebuilding
  • Companies : Vistry Group

Ratings and price correct at time of issue.

  • Vistry Group

    Closing Price: 701p

  • RATING 10/09/13

  • PREVIOUS RATING 21/05/13

    UNDER REVIEW

DAVY VIEW

Following Vistry’s recent trading update, in which the group revealed £40m worth of land transitioning costs, we reduce our pre-tax profit forecasts for 2023 by 10.5% to £407.9m.

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Oct 27 2023, 15:35 IST/BST

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