Dan Coatsworth, head of markets at AJ Bell, said: “Affordable housing specialist Vistry was a victim of delays thanks to the timing of last year’s Budget as it saw a hefty fall in completions.
“This overshadowed some modest progress on debt reduction and margins and put the company in the market doghouse.
“Vistry does not have a huge amount of credit with shareholders after issues around the understatement of costs in its South Division which came to light in 2024.
“It needs to show a focus on regeneration and affordable housing can deliver the goods.
“The expectation for a second half weighting to 2026 performance may inspire a bit of trepidation among investors.”
Contact details are available to account holders.
Create a free account to get in touch with this expert.