Announcement • Apr 14
Vistry Group PLC Announces Chief Executive Officer Changes, Effective April 13, 2026 Vistry Group PLC announced the appointment of Adam Daniels as Chief Executive Officer with immediate effect from April 13, 2026. Adam is currently the Executive Chair of one of Vistry's two largest operating divisions and a member of the Group's Executive Leadership Team. Adam brings significant experience in the UK partnerships, affordable housing and housebuilding sectors, with a strong track record in operational delivery, capital discipline, land management and customer outcomes. He has strong working relationships with some of the largest Local Authorities and Housing Associations nationwide. Adam joined Countryside Partnerships in 2016, helping to establish new regions and grow the business, taking on his first senior leadership role in 2019. Since then, Adam has undertaken a variety of leadership roles with responsibility for large areas of the Vistry business across the country. Prior to Countryside, Adam worked at Galliford Try Partnerships and Bloor Homes. Adam Daniels will succeed Greg Fitzgerald who by mutual agreement is stepping down as Executive Chair and CEO and as a Board Director effective April 13, 2026. Announcement • Apr 13
Vistry Group PLC Announces Management Changes, Effective April 13, 2026 Vistry Group PLC announced the appointment of Adam Daniels as Executive Director, effective April 13, 2026 Adam is currently the Executive Chair of one of Vistry's two largest operating divisions and a member of the Group's Executive Leadership Team. Adam brings significant experience in the UK partnerships, affordable housing and housebuilding sectors, with a strong track record in operational delivery, capital discipline, land management and customer outcomes. He has strong working relationships with some of the largest Local Authorities and Housing Associations nationwide. Adam joined Countryside Partnerships in 2016, helping to establish new regions and grow the business, taking on his first senior leadership role in 2019. Since then, Adam has undertaken a variety of leadership roles with responsibility for large areas of the Vistry business across the country. Prior to Countryside, Adam worked at Galliford Try Partnerships and Bloor Homes. Adam Daniels will succeed Greg Fitzgerald who by mutual agreement is stepping down as Executive Chair and CEO and as a Board Director effective April 13, 2026. Rob Woodward will take up his role as Chair and Rowan Baker her role as Senior Independent Director with immediate effect. Greg will remain available to assist with all transition arrangements and provide any advice as required. Announcement • Mar 18
Vistry Group PLC Announces Board and Committee Changes, Effective 13 May 2026 Vistry Group PLC announced the appointment of Rob Woodward CBE as Non-Executive Chair of the Board, with effect from the conclusion of the AGM on 13 May 2026. Rob will succeed Greg Fitzgerald, who will step down from the role of Executive Chair at the AGM. Rob Woodward has served as Non-Executive Senior Independent Director of the Company and Chair of the Nomination Committee since joining the Board in May 2024 following a robust search process. Rob was appointed to undertake an enhanced role providing clear and detailed oversight on governance matters, while also engaging with investors and other stakeholders, to lead on the recruitment of new Non-Executive Directors and to oversee the CEO succession process. Rob has extensive experience across both the public and private sectors. In particular, he has longstanding experience of FTSE businesses, including serving as the Chief Executive Officer of STV Group plc for over ten years, and he is currently the Chair of Ebiquity plc. His appointment as Chair of Vistry will provide important strategic continuity, notably relating to the partnerships model, and represents an effective transition of the leadership of the Board. In line with UK Corporate Governance Code recommendations, from 13 May 2026 Rob will retire as a member of the Audit Committee and Remuneration Committee but retain the role of Chair of the Nomination Committee. The Board considers that Rob will be independent on appointment as Chair for the purposes of the UK Corporate Governance Code. The Board is also pleased to appoint Rowan Baker as Senior Independent Director with effect from the conclusion of the AGM on 13 May 2026, with a division of responsibilities put in place to reflect the conventional duties of a non-executive chair and senior independent director. Rowan has been a Non-Executive Director since May 2022 and will remain Chair of the Audit Committee. Announcement • Jul 10
Vistry Group plc Provides Revenue Guidance for the First Half of 2025 Vistry Group PLC provided revenue guidance for the first half of 2025. For the period company expects Group revenue to be £1.8 billion (H1 24: £2.0 billion). Announcement • May 18
Vistry Group PLC to Report First Half, 2026 Results on Aug 05, 2026 Vistry Group PLC announced that they will report first half, 2026 results on Aug 05, 2026 Announcement • May 07
Kier Group plc Announces Stepping Down of Chris Browne as Senior Independent Non-Executive Director of Vistry Group Plc, Effective May 14, 2025 Kier Group plc announced that Chris Browne, Senior Independent Non-Executive Director of the Company, will step down from the Board of Vistry Group PLC, as a Non-Executive Director, on 14 May 2025. Announcement • Jan 15
Vistry Group PLC to Report Fiscal Year 2024 Results on Mar 26, 2025 Vistry Group PLC announced that they will report fiscal year 2024 results on Mar 26, 2025 Announcement • Dec 23
Vistry Group PLC(LSE:VTY) dropped from FTSE 100 Index Vistry Group PLC(LSE:VTY) dropped from FTSE 100 Index Announcement • Nov 20
Vistry Group plc Announces Board and Management Changes Vistry Group PLC announced that Earl Sibley will leave the business on 31 December 2024. Earl has elected to leave the Company due to the removal of his current role of Chief Operating Officer. Earl, who has been with the business since April 2015, will step down as a Director of the Company with immediate effect and will support a seamless and orderly transition of his responsibilities. This change reduces the length of reporting lines and ensures closer proximity of the CEO to the business. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €8.71, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Consumer Durables industry in Europe. Total loss to shareholders of 27% over the past three years. Recent Insider Transactions • Nov 12
CEO & Executive Chairman recently bought €2.4m worth of stock On the 8th of November, Gregory Fitzgerald bought around 269k shares on-market at roughly €8.89 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Gregory has been a buyer over the last 12 months, purchasing a net total of €3.1m worth in shares. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to €11.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Negligible returns to shareholders over past three years. Announcement • Sep 12
Vistry Group PLC, Annual General Meeting, May 14, 2025 Vistry Group PLC, Annual General Meeting, May 14, 2025. Reported Earnings • Sep 06
First half 2024 earnings released: EPS: UK£0.34 (vs UK£0.24 in 1H 2023) First half 2024 results: EPS: UK£0.34 (up from UK£0.24 in 1H 2023). Revenue: UK£1.72b (up 9.4% from 1H 2023). Net income: UK£115.9m (up 39% from 1H 2023). Profit margin: 6.7% (up from 5.3% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Sep 05
Vistry Group plc Provides Sales Guidance for the Year 2024 Vistry Group PLC provided sales guidance for the year 2024. The group is on track to deliver strong growth in total completions in Fiscal year 2024 to in excess of 18,000 (FY23: 16,118) units, and full year profits ahead of last year. This is underpinned by the Group's strong forward sales position totalling £5.1 billion (2023: £4.3bn), up 19% on the prior year, with the Group 91% forward sold for Fiscal year 2024. Buy Or Sell Opportunity • Aug 27
Now 22% undervalued Over the last 90 days, the stock has risen 6.4% to €15.69. The fair value is estimated to be €20.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Jul 10
Vistry Group PLC to Report First Half, 2025 Results on Sep 04, 2025 Vistry Group PLC announced that they will report first half, 2025 results on Sep 04, 2025 Announcement • May 18
Vistry Group PLC Approves Board Elections Vistry Group PLC at its AGM held on May 16, 2024 approved election of Robert Woodward and Alice Woodwark as directors of the company. Rob Woodward will join the Board as the Senior Independent Director. He is currently Chair of Court at Glasgow Caledonian University and Chair of listed marketing analytics provider, Ebiquity plc. Rob was also recently appointed as Chair of Lumi Gruppen. Alice Woodward will join the Board as an Independent Non-Executive Director. Announcement • May 17
Vistry Group plc Provides Sales Guidance for the Year 2024 Vistry Group PLC provided sales guidance for the year 2024. The group is on track to deliver more than 18,000 (fiscal year 2023: 16,118) completions in fiscal year 2024, an increase of more than 10% on prior year and up from previous expectation of 17,500 units. This is underpinned by strong forward sales position which is up 10% on the prior year and totals £4.9 billion (2023: £4.5 billion) as at 15 May 2024, of which £2.1 billion is for delivery this year. The company expects the H1/H2 weighting of completions in fiscal year 2024 to be similar to fiscal year 2023. Buy Or Sell Opportunity • May 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to €15.33. The fair value is estimated to be €12.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Announcement • May 01
Vistry Group PLC to Report Fiscal Year 2024 Results on Mar 06, 2025 Vistry Group PLC announced that they will report fiscal year 2024 results on Mar 06, 2025 Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: UK£0.65 (vs UK£0.86 in FY 2022) Full year 2023 results: EPS: UK£0.65. Revenue: UK£3.56b (up 29% from FY 2022). Net income: UK£223.4m (up 9.3% from FY 2022). Profit margin: 6.3% (down from 7.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany. Announcement • Mar 22
Vistry Group plc Appoints John Fitzgerald as Group Managing Director Vistry Group has appointed the former managing director of Telford Homes as its interim managing director for its south London region. John Fitzgerald, who worked at Telford for almost 20 years, will oversee a portfolio of mixed-tenure schemes being delivered in collaboration with Vistry’s local authority and housing association partners. The housebuilders' south London region, which operates through the Countryside Partnerships brand, is currently working on nine projects which deliver more than 3,000 homes. Fitzgerald will carry out his interim role until at least January 2025, when a permanent managing director for the region will be appointed. Prior to Telford Homes, Fitzgerald was a contracts manager at Furlong Homes and a site manager at Willmott Dixon. New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: UK£0.65 (vs UK£0.86 in FY 2022) Full year 2023 results: EPS: UK£0.65. Revenue: UK£3.56b (up 31% from FY 2022). Net income: UK£223.4m (up 9.3% from FY 2022). Profit margin: 6.3% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Board Change • Feb 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Usman Nabi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 12
Vistry Group plc Announces Directorate Changes The Board of Vistry Group PLC announces the following Directorate changes. After nine years of service, Ralph Findlay will step down as Chair and as a director of the Company with effect from the close of the Annual General Meeting on 16 May 2024. Ralph was appointed to the Board as a Non-Executive Director in April 2015 and as Non-Executive Chair in May 2022. The Board announced that Greg Fitzgerald will succeed Ralph and will be appointed as Executive Chair & Chief Executive Officer of the Company with effect from the close of the Annual General Meeting in May. Greg's appointment will ensure continuity and maintain momentum in the execution of the Group's strategy and delivery of the medium-term targets announced in 2023. There will be no change to Greg's existing remuneration arrangements. The Board has commenced a search for an experienced Senior Independent Director who will provide additional oversight on governance matters and serve as an alternative point of communication for investors and the other Non-Executive Directors. Jeff Ubben is stepping down as a Non-Executive Director of the Company with immediate effect. Jeff was appointed to the Board in March 2023 and remains fully supportive of the Board, management and the strategic decisions made during his time on the Board. The Board announced the appointment of Usman Nabi, Managing Partner and Chief Investment Officer of Browning West, as a Non-Executive Director with effect from today. Usman will also serve as a member of the Nomination Committee. As a highly experienced board member and investor in both the United States and the United Kingdom, the Board believes that Usman will be a valuable addition to the Vistry Board. Usman is being appointed as a representative of Browning West, an independent investment partnership based in Los Angeles, California and currently the Company's largest shareholder. Chris Browne, Non-Executive Director, has also informed the Board that following more than nine years of service as a director of the Company, she does not intend to seek re-election and will step down from the Board at the close of this year's Annual General Meeting in May. Chris was appointed as a Non-Executive Director in September 2014. In addition to the appointment of a new Senior Independent Director, the Board is seeking to recruit up to two additional, high calibre independent Non-Executive Directors of the Company and will update the market on its progress with these appointments in due course. Announcement • Dec 12
Vistry Group PLC (LSE:VTY) commences an Equity Buyback Plan for 34,571,674 shares, representing 10% of its issued share capital, under the authorization approved on May 18, 2023. Vistry Group PLC (LSE:VTY) commences share repurchases on December 17, 2023, under the program mandated by the shareholders in the Annual General Meeting held on May 18, 2023. As per the mandate, the company is authorized to repurchase up to 34,571,674 shares, representing 10% of its issued share capital. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for the ordinary shares taken from the London Stock Exchange Daily Official List for five business days immediately preceding the day on which that share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade and the highest current independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The minimum price which may be paid for an ordinary share is 50 pence. The repurchased shares will be cancelled. The program will be valid till the next Annual General Meeting in 2024, or 15 months from the passing of this resolution, whichever is earlier. As at May 18, 2023, the company had 347,224,652 issued] shares including 1,500,000 treasury shares.
On September 11, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to £55 million worth of its shares, through its brokers. The purpose of the program is to return surplus capital to shareholders and to reduce the share capital of the company. Out of all the shares repurchased, 250,000 shares will be held in treasury and the rest of the shares will be cancelled. The repurchases will commence today and the program will expire on March 14, 2024. Buying Opportunity • Oct 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.7%. The fair value is estimated to be €10.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Reported Earnings • Sep 13
First half 2023 earnings released: EPS: UK£0.24 (vs UK£0.39 in 1H 2022) First half 2023 results: EPS: UK£0.24 (down from UK£0.39 in 1H 2022). Revenue: UK£1.58b (up 33% from 1H 2022). Net income: UK£83.2m (down 3.9% from 1H 2022). Profit margin: 5.3% (down from 7.3% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €10.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.54 per share. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €9.05, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Consumer Durables industry in Germany. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.62 per share. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Paul Whetsell was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 12
Vistry Group PLC Appoints Paul Whetsell and Helen Owers as Independent Non-Executive Directors The Board of Vistry Group PLC announced that Paul Whetsell and Helen Owers have been appointed as independent Non-Executive Directors of the Company with effect from the end of the Annual General Meeting on 18 May 2023. Paul will become Chair of the Remuneration Committee and will also be a member of the Nomination and Audit Committees. Paul is a highly experienced Chief Executive Officer in the hospitality sector and an experienced Non-Executive Director. From 2008 to 2018, Paul was a Non-Executive Director of NVR, Inc, one of America's leading homebuilders. He is currently the Chief Executive Officer of Capstar Hotel Company, Non-Executive Director and Chair of Remuneration Committee of Hilton Grand Vacations Inc. and Non-Executive Director of Boyd Gaming Corporation, the latter two of which are both listed on the New York Stock Exchange. Paul splits his time between the US and the UK. Helen will be a member of the Nomination Committee, Audit Committee and Remuneration Committee. Helen has extensive international operational experience from a successful career culminating in her being President of Global Businesses and Chief Development Officer for Thomson Reuters. Helen is currently a Non-Executive Director of Informa plc, the FTSE 100 British publishing, business intelligence and exhibitions group where she is a member of the Nomination and Remuneration Committees and the board member responsible for employee engagement. Previously, Helen was also a Non-Executive Director and Chair of the Remuneration Committee from 2012 to 2020 of PZ Cussons plc, the FTSE 250 manufacturer of personal healthcare products and consumer goods. Upcoming Dividend • Apr 13
Upcoming dividend of UK£0.32 per share at 7.0% yield Eligible shareholders must have bought the stock before 20 April 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.1%). Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: UK£0.86 (vs UK£1.15 in FY 2021) Full year 2022 results: EPS: UK£0.86 (down from UK£1.15 in FY 2021). Revenue: UK£2.73b (up 16% from FY 2021). Net income: UK£204.3m (down 20% from FY 2021). Profit margin: 7.5% (down from 11% in FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jan 18
Vistry Group PLC Provides Sales Guidance for the Year 2023 Vistry Group PLC provided sales guidance for the year 2023. For the year, the company's forward sales totalling £4.6 billion (31 Dec 2021: £2.7 billion) including £3.6 billion for the enlarged Partnerships business. Recent Insider Transactions • Oct 27
CEO & Executive Director recently bought €2.5m worth of stock On the 19th of October, Gregory Fitzgerald bought around 393k shares on-market at roughly €6.36 per share. This transaction amounted to 53% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Gregory has been a buyer over the last 12 months, purchasing a net total of €3.1m worth in shares. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €6.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total loss to shareholders of 37% over the past three years. Upcoming Dividend • Sep 29
Upcoming dividend of UK£0.23 per share Eligible shareholders must have bought the stock before 06 October 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 64% and the cash payout ratio is 87%. Trailing yield: 10%. Within top quartile of German dividend payers (5.5%). Higher than average of industry peers (4.3%). Recent Insider Transactions • Sep 11
CEO & Executive Director recently bought €229k worth of stock On the 8th of September, Gregory Fitzgerald bought around 25k shares on-market at roughly €9.27 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Gregory has been a buyer over the last 12 months, purchasing a net total of €346k worth in shares. Reported Earnings • Sep 09
First half 2022 earnings released: EPS: UK£0.39 (vs UK£0.55 in 1H 2021) First half 2022 results: EPS: UK£0.39 (down from UK£0.55 in 1H 2021). Revenue: UK£1.16b (up 5.5% from 1H 2021). Net income: UK£86.6m (down 29% from 1H 2021). Profit margin: 7.4% (down from 11% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 08
Vistry Group PLC Declares Interim Dividend for the Six-Month Period Ended 30 June 2022, Payable on 18 November 2022 Vistry Group PLC declared Interim dividend of 23 pence per share for the six-month period ended 30 June 2022. Dividend payment date is 18 November 2022. Dividend record date is 7 October 2022 and Ex-dividend date is 6 October 2022. Recent Insider Transactions • May 31
CEO & Executive Director recently bought €99k worth of stock On the 27th of May, Gregory Fitzgerald bought around 9k shares on-market at roughly €10.59 per share. This was the largest purchase by an insider in the last 3 months. Gregory has been a buyer over the last 12 months, purchasing a net total of €117k worth in shares. Announcement • Apr 29
Vistry Group plc Announces Executive Changes Effective 31 December 2022 Vistry Group PLC announces that Graham Prothero has resigned as Chief Operating Officer and as a Director of the Company with effect from 31 December 2022, to take up the position of CEO at MJ Gleeson PLC ("Gleeson"). Graham will remain focused on the delivery of the Company's performance for 2022 and during Fourth Quarter shall ensure the effective transition of his responsibilities. Upcoming Dividend • Mar 31
Upcoming dividend of UK£0.40 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of German dividend payers (3.7%). Higher than average of industry peers (2.4%). Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£1.15 (up from UK£0.35 in FY 2020). Revenue: UK£2.36b (up 30% from FY 2020). Net income: UK£254.1m (up 231% from FY 2020). Profit margin: 11% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.7%. Over the next year, revenue is forecast to grow 17%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 4% per year. Announcement • Mar 03
Vistry Group PLC Proposes Final Ordinary Dividend for 2021, Payable on 24 May 2022 Vistry Group PLC proposed final ordinary dividend of 40 pence per share (2020: 20 pence), bringing total ordinary dividend to 60 pence per share for 2021, subject to shareholder approval at the AGM. Ex-dividend date is 7 April 2022. Dividend record date is 8 April 2022. Dividend payment date is 24 May 2022. Executive Departure • Oct 07
Independent Non-Executive Director Michael Stansfield has left the company On the 30th of September, Michael Stansfield's tenure as Independent Non-Executive Director ended after 3.8 years in the role. We don't have any record of a personal shareholding under Michael's name. Michael is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.50 years. Upcoming Dividend • Sep 30
Upcoming dividend of UK£0.20 per share Eligible shareholders must have bought the stock before 07 October 2021. Payment date: 19 November 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Reported Earnings • Sep 09
First half 2021 earnings released: EPS UK£0.55 (vs UK£0.053 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£1.10b (up 82% from 1H 2020). Net income: UK£121.4m (up UK£133.0m from 1H 2020). Profit margin: 11% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • May 17
Vistry Group PLC Provides Earnings Guidance for the Year Fiscal Year 2022 Vistry Group PLC provided earnings guidance for the year fiscal year 2022. For the year, the company targets of £1 billion revenue. Reported Earnings • Apr 12
Full year 2020 earnings released: EPS UK£0.35 (vs UK£0.91 in FY 2019) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: UK£1.81b (up 60% from FY 2019). Net income: UK£76.8m (down 45% from FY 2019). Profit margin: 4.2% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 18
First Dividend Is UK£0.20 Per Share Will be paid on the 21st of May to those who are registered shareholders by the 25th of March. The company last paid an ordinary dividend in April 2020. The average dividend yield among industry peers is 2.2%. Is New 90 Day High Low • Mar 06
New 90-day high: €10.90 The company is up 9.0% from its price of €10.02 on 04 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.01 per share. Recent Insider Transactions • Mar 05
Chief Executive Officer recently bought €576k worth of stock On the 4th of March, Gerald Fitzgerald bought around 54k shares on-market at roughly €10.75 per share. This was the largest purchase by an insider in the last 3 months. Gerald has been a buyer over the last 12 months, purchasing a net total of €1.1m worth in shares. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS UK£0.35 (vs UK£0.98 in FY 2019) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: UK£1.81b (up 60% from FY 2019). Net income: UK£76.8m (down 45% from FY 2019). Profit margin: 4.2% (down from 12% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue misses expectations Revenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 38%, compared to a 8.5% growth forecast for the Consumer Durables industry in Germany. Announcement • Feb 20
Vistry Group PLC to Report Fiscal Year 2020 Results on Mar 04, 2021 Vistry Group PLC announced that they will report fiscal year 2020 results on Mar 04, 2021 Is New 90 Day High Low • Dec 29
New 90-day high: €10.50 The company is up 75% from its price of €6.01 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.52 per share. Is New 90 Day High Low • Dec 05
New 90-day high: €10.02 The company is up 45% from its price of €6.93 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.98 per share. Is New 90 Day High Low • Nov 11
New 90-day high: €8.00 The company is up 18% from its price of €6.80 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.35 per share. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 33% share price gain to UK£8.00, the stock is trading at a trailing P/E ratio of 19.4x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 29x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 21%. Announcement • Oct 16
Vistry Partnerships Signs Significant New Contracts Vistry Group PLC announces that Vistry Partnerships has secured contracts and exchanged on joint venture developments with housing providers with a gross development value of £165 million to provide over 661 new homes. The two mixed tenure developments, both in joint venture, will provide 503 homes, including 147 affordable homes. The projects are in Runcorn with Together Housing and in Bristol with Goram Homes (a subsidiary of Bristol City Council). In addition, Vistry Partnerships has secured contracts totalling £43 million to build 158 new homes and associated mixed uses, working with regulated partners in Plymouth and Runcorn. The projects are an Extra Care scheme and a retirement village for Halton Housing and Inspired Villages respectively and a mixed use scheme including homes for sale for English Cities Fund. Partnerships has also been appointed to the Connected Living framework in London, working with TfL and Grainger. These developments and contract wins further amplify Vistry Partnerships' established role as a key partner with Registered Providers and local authorities. Announcement • Sep 08
Vistry Group plc Announces the No Interim Dividend for the First Half of 2020 The Board of Vistry Group PLC determined on 8 September 2020 that no interim dividend was to be paid for the first half of 2020. Announcement • Jul 09
Vistry Group PLC Suspends Short-Term Financial Guidance Vistry Group PLC announced that given the present economic uncertainty, short-term financial guidance remains suspended. The company will provide a further update with the Half Year results in September. 
