Vistry rises 5.4% following 1H trading update

Thursday, Jul 10, 2025 3:01 am ET1min read

Vistry rises 5.4% following 1H trading update

Vistry Group PLC (GB:VTY) shares rose 5.4% on July 2, 2025, following the company's 1H 2025 trading update. The update revealed that Vistry Group delivered first half profits in line with expectations, with adjusted operating profit expected to be around £125 million and adjusted profit before tax around £80 million [2].

The company also made significant progress in reducing debt levels, with net debt as of June 30, 2025, at approximately £295 million, significantly better than expectations and lower than the previous year's level of £322 million [2]. Additionally, Vistry Group successfully extended its £500 million Revolving Credit Facility and £400 million Term Loan to April 2028, with full support from its existing lenders [2].

The Government's recently announced £39 billion Affordable Homes Programme is expected to drive the delivery of high-quality affordable homes, aligning with Vistry's strategic focus on partnerships, regeneration, and urban renewal schemes [2]. The company's strong forward order book, totaling £4.3 billion excluding new Affordable Homes Programme funding, supports its medium-term targets and indicates a positive outlook for the second half of the year [2].

Analysts have responded positively to the update, with TipRanks' AI Analyst, Spark, rating GB:VTY as an Outperform [1]. The company's strong corporate events and strategic financial management have driven this positive outlook, although high P/E ratios and profitability challenges remain concerns [1].

Vistry Group's share buyback program, which aims to reduce the total number of shares in issue and affect the company’s total voting rights, is also ongoing. The company has completed £57 million of the £130 million current program [2].

References:
[1] https://www.tipranks.com/news/company-announcements/vistry-group-announces-share-buyback-transaction-3
[2] https://www.research-tree.com/newsfeed/Article/vistry-group-plc-h1-2025-trading-update-2914407

Vistry rises 5.4% following 1H trading update

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