Vistry Group reports £661.3 million first-half loss after impairment, safety charge

  • Vistry Group PLC reported a £661.3 million first-half pre-tax loss.
  • £475 million of goodwill impairment drove part of the reported loss.
  • Home completions fell 8% to 6,304 as operational performance weakened.

Vistry Group PLC reported a £661.3 million first-half pre-tax loss, driven by a £475 million goodwill impairment and a £73.2 million building safety charge. Revenue fell to £1.42 billion, while the previously reported adjusted revenue figure declined 9% to £1.70 billion. Operational performance weakened as home completions fell 8% to 6,304.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.