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Vistry warns on 'significantly lower' H1 profits



Vistry has warned its profits for the first half of 2025 will be “significantly lower” as it seeks to counteract challenging market conditions.


In a trading update, the housebuilder stated that delivering “improved” cash generation and reducing debt levels was a priority.

This will include increased discipline around targeted pricing, pausing a current share buyback programme and even slowing the building of some sites to ensure full alignment between the rate of build of private homes with open market sales rates for these.

As such, this is anticipated to have an “up-front impact” on profits.

For context, Vistry generated adjusted operating profits of £125m in the first six months of 2025. This was down from the £161.8m generated a year before.

Vistry did point to year-to-date open market sales as strong with activity 30% higher than in 2025, but recent weeks had seen this moderate due to uncertainty from the Middle East war.

Vistry’s new CEO, Adam Daniels, used the trading update to confirm the housebuilder would remain committed to its partnerships strategy.

An operational review of the group is also being undertaken, with findings to be shared from Vistry’s interim results in September 2026.



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