Vistry Group

FY24 to be in line with revised guidance

  • Sectors : Construction and Housebuilding
  • Companies : Vistry Group

Ratings and price correct at time of issue.

  • Vistry Group

    Closing Price: 515p

  • RATING 24/12/24

  • PREVIOUS RATING 10/09/13

    OUTPERFORM

DAVY VIEW

After three profit warnings in Q4 2024, today’s announcement is more stable from Vistry. FY24 results will be in line with the most recent guidance from December and net debt is marginally better than guided. FY25 remains uncertain but, for now, the company is pointing to growth in profits (consensus expects almost 30% growth).

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Jan 15 2025, 08:00 GMT

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