Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Vistry – Expecting Big Things In 2022

By Anna Peel. Originally published at ValueWalk.

Vistry 52-Week Lows Financial Markets Shell Buy Signals earnings NYMARKET:SPY worst performing large cap stocks in 2021

Vistry Group PLC (LON:VTY)’s full-year underlying revenue grew 32% to £2.7bn, reflecting increased demand across Housebuilding and Partnerships. Underlying operating profits more than doubled to £368.4m, as margins recovered from a tough 2020 which was heavily impacted by lockdowns.


Q4 2021 hedge fund letters, conferences and more

Following a positive start to 2022, the group believes it is “well positioned to deliver a significant step up in profits and returns in 2022”

The board is proposing a final dividend of 40p, bringing the total up to 60p for 2021.

The shares rose 1.7% following the announcement.

Vistry’s Results

“Today’s results should calm any concerns investors might have had about easing property demand in the wake of a hot year for the housing markets. Strong performance was expected though, with management raising guidance a few months ago, but markets seem more focused on positive outlook commentary.

2022 has got off to a flying start, with private sales rates and prices on the rise and when you add in strong forward sales figures to the mix, that starts to paint a pretty picture for a housing market that some feared may slow as mortgage rates rise along with the Bank of England’s base rate.

Vistry’s Partnerships arm, which focuses on mixed-tenure projects, adds a layer of security if the wider market starts to stagnate. The division’s been growing rapidly and one that’s expected to go from strength to strength.

Inflation continues to be cause for concern, but importantly rising prices have more than offset the impact so far. Looking forward, 2022 is expected to bring with it 6% build cost inflation as the cost of wages and materials continues to go up. But management don’t seem too concerned just yet, upping the pay-out in their proposed final dividend with a balance sheet that looks particularly healthy.”

Article by Matt Britzman, equity analyst at Hargreaves Lansdown


About Hargreaves Lansdown

Over 1.7 million clients trust us with £141.2 billion (as at 31 December 2021), making us the UK’s number one platform for private investors. More than 98% of client activity is done through our digital channels and over 600,000 access our mobile app each month.

Updated on

Sign up for ValueWalk’s free newsletter here.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!