Trade Vistry Group PLC - VTY CFD

Vistry Group PLC Company profile

About Vistry Group PLC

Vistry Group PLC is a United Kingdom-based company, which operates in the housing market. The Company develops new homes and communities across all sectors of the United Kingdom housing market. The Company's segments include Housebuilding and Partnerships. The Housebuilding segment develops sites across England, providing private housing on land owned by the Company or its joint ventures. Housebuilding segment offers properties under both the Bovis and Linden brand names. The Partnerships segment specializes in partnering with housing associations and other public sector businesses across England, including London, to deliver the development of private housing on land owned by the Company or its joint ventures, or to provide contracting services for development. The Partnerships segment operates under the Vistry Partnerships and Drew Smith brand names.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Vistry Group PLC revenues increased 30% to £2.36B. Net income increased from £76.8M to £254.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Share of profit of joint ventures increase from £14.9M to £30M (income), Other Non Rec I/E - Non Business Acti decrease of 48% to £5.7M (expense).