Vistry profit to be at ‘top end’ of expectations this year

By Carl Brown2022-05-18T09:59:00

CGI of the proposals for Littleborough that Vistry Partnerships Yorkshire has been appointed to deliver

Source: Vistry Partnerships

Housebuilder upgrades margin forecasts following strong sales and price increases

Vistry is forecasting adjusted profit of around £415m in 2022, following strong forward sales and rising prices.

The housebuilder, in a trading update for the calendar year to date, said its adjusted pre-tax profit – which excludes exceptional items – will be at the top end of its previous forecast range of £396.3m to £415m. Last year it reported adjusted pre-tax profit of £346m and total pre-tax profit of £319.5m.

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