Vistry Group reported that its first half reported profit before tax was down 55% to 40.9 million pounds. Reported earnings per share declined by 53% to 9.5 pence from 20.3 pence. Adjusted profit before tax was down 33% to 80.6 million pounds. Adjusted earnings per share was 17.6 pence compared to 25.2 pence.
Adjusted total revenue decreased by 6% to 1.85 billion pounds. On a reported basis, total revenue decreased by 5% to 1.63 billion pounds. The Group delivered a total of 6,889 completions in the first half, 12% down on the prior year.
Guidance for the full year remains unchanged with the Group expecting to deliver a year-on-year increase in profits in fiscal 2025.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.