lonvty
Vistry Group PLC (LON:VTY)’s full-year underlying revenue grew 32% to £2.7bn, reflecting increased demand across Housebuilding and Partnerships. Underlying operating profits more than doubled to £368.4m, as margins recovered from a tough 2020 which was heavily impacted by lockdowns. Q4 2021 hedge fund letters, conferences and more Following a positive start to 2022, the group believes it is “well positioned to deliver a significant step up in profits and returns in 2022” The board is proposing a final dividend of 40p, bringing the total up to 60p for 2021. The shares rose 1.7% following the an...
ValueWalk
Vistry Group PLC (LON:VTY)’s full year underlying profit before tax is expected to be £345m, up from £143.9m in 2020 and in line with guidance. This was driven by strong demand and a 6% uptick in house price inflation. Q4 2021 hedge fund letters, conferences and more So far in 2022, the group’s had no significant Covid-related impact. Forward sales, as of 31 December are up 24% to £1.94bn, reflecting double-digit increases in both Housebuilding and Partnerships forward sales. The shares were broadly flat following the announcement. Vistry's Full Year ResultsLaura Hoy, Equity Analyst at Hargrea...
ValueWalk
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