Vistry Group

Vistry Group PLC (LSE:VTY) is still looking to repair its reputation after three profit warnings last year, though the government's plans for increased social housing spending are helping bring some investors back.  Its shares are one of the best-performing in the housebuilding sector so far this year, helped by the government announcing plans to allocate £39 billion to affordable homes in coming years, a key area of focus for the FTSE 250 group's bow.» Mehr auf proactiveinvestors.co.uk

Vistry Group PLC (LSE:VTY) shares jumped 9% to 715p, to lead a second day of gains across the housebuilding sector, after reports that Chancellor Rachel Reeves will allocate billions of pounds to affordable homes. Today's government spending review will include £39 billion for affordable homes at its centre, newspapers including the Financial Times reported.» Mehr auf proactiveinvestors.co.uk

Vistry Group PLC (LSE:VTY) reported an improvement in its sales rate, rising to 0.91 per outlet per week from the 0.59 announced in March, with the last eight weeks averaging 1.32. In a statement ahead of its annual shareholder meeting, the housebuilder said it continues to expect a year-on-year profit increase in 2025, with performance more heavily weighted to the second half of the year.» Mehr auf proactiveinvestors.co.uk