Vistry ‘confident’ of delivering year-on-year profit growth as affordable housing demand picks up

vistry

Housebuilder reports increased demand from social landlords over the summer since Spending Review measures announced

Vistry said that is confident of delivering year-on-year profit growth in 2025, despite its slow start to the year.

In a short trading update today, the £3.8bn-turnover housebuilder said its expectation for the year to 31 December remain unchanged.

The group in September reported a 55% drop in pre-tax profit for the first six months of the calendar year, but says activity has “continued to build” since the summer.

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