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Vistry Group Says Making Good Progress In Delivering £50 Mln Of Savings In FY27

By Reuters News

Nov 5 (Reuters) - Vistry Group PLC VTYV.L:

  • VISTRY GROUP PLC - TRADING UPDATE

  • VISTRY GROUP PLC: STARTED DIFFICULT BUT NECESSARY PROCESS OF REDUCING HEADCOUNT AND RESTRUCTURING OPERATING REGIONS FROM 25 TO 12.

  • VISTRY GROUP - COMMENCES BANK REFINANCING PROCESS

  • VISTRY GROUP PLC: BUT CURRENT TRADING CONTINUES TO REFLECT A CHALLENGING OPEN MARKET BACKDROP AND A SLOW BUT GRADUAL BUILD-UP IN PARTNER FUNDED TRANSACTION ACTIVITY

  • VISTRY GROUP - FORWARD ORDER BOOK STANDS AT £3.10 BILLION ON REVISED DEFINITION

  • VISTRY GROUP - DELIVERING £50 MILLION OF SAVINGS IN FY27

  • VISTRY GROUP - REDUCES OPERATING REGIONS FROM 25 TO 12; NEW STRUCTURE OPERATIONAL FROM JANUARY

  • VISTRY GROUP PLC: MAKING GOOD PROGRESS IN DELIVERING £50M OF SAVINGS IN FY27

  • VISTRY GROUP PLC: MARKET CONDITIONS CONTINUE TO GIVE RISE TO SOME TIMING UNCERTAINTY IN Q4

  • VISTRY GROUP PLC: MAKING CLEAR PROGRESS ON SELF-HELP INITIATIVES THAT UNDERPIN BOTH FY26 GUIDANCE AND MEDIUM-TERM STRATEGY WE SET OUT IN SEPTEMBER

  • VISTRY GROUP PLC: OPEN MARKET CONDITIONS REMAIN DIFFICULT AND SIMILAR TO THOSE DESCRIBED BY GROUP IN SEPTEMBER

  • VISTRY GROUP PLC: AVERAGE DAILY NET DEBT IN SECOND HALF IS EXPECTED TO BE C. £800M

  • VISTRY GROUP PLC: HAVE BEGUN PROCESS TO REFINANCE GROUP'S £900M TERM LOAN AND RCF

  • VISTRY GROUP PLC: EXPECTS ITS YEAR END NET DEBT POSITION TO BE WITHIN RANGE OF ANALYSTS' EXPECTATIONS

Further company coverage: VTYV.L

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