Vistry cuts guidance to GBP 165 million. Vistry stock costs EUR 2.82

Published on 10/15/2026 at 13:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vistry reported a GBP 661.3 million loss for the first half of 2026. Vistry stock costs EUR 2.82 on October 15, 2026 at Lang & Schwarz.

Restructuring follows first-half losses

Vistry reported a GBP 661.3 million loss for the six months ended June 30, 2026.
Vistry cut adjusted fiscal 2026 profit guidance to GBP 165 million on September 24, 2026.
Vistry stock traded at EUR 2.82 at 1:41 p.m. CEST at Lang & Schwarz on October 15, 2026.

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Vistry (ISIN GB0001859296) was trading at EUR 2.82 at Lang & Schwarz on October 15, 2026 at 1:41 p.m. CEST. The housebuilder's latest results showed a GBP 661.3 million reported loss before tax for the six months ended June 30, 2026, while adjusted revenue fell 9 percent to GBP 1,703.3 million, according to Investegate.

Guidance falls with the reset

On September 24, 2026, Vistry cut adjusted fiscal 2026 profit before tax guidance to GBP 165 million, down from its previous GBP 200 million expectation. The company said the revised figure excludes strategic review items and a GBP 40 million reduction linked to partner deals that are no longer targeted for completion this year, as reported by Investegate.

The reported loss included a GBP 475.0 million goodwill impairment and a GBP 73.2 million building safety provision. Adjusted loss before tax was GBP 83.3 million, compared with an adjusted profit of GBP 80.6 million in the first half of 2025.

What does the reset change?

Vistry plans to operate at roughly 12,000 annual completions over the medium term, compared with 6,304 homes completed in the first half of 2026. Its forward order book stood at GBP 3.3 billion and covered 91 percent of fiscal 2026 sales, while net debt reached GBP 468.8 million at June 30, 2026.

Three dates frame the shift

On April 14, 2026, Vistry disclosed performance awards tied to adjusted earnings per share and return on capital employed. On September 24, 2026, it published the half-year loss and restructuring plan. On September 28, 2026, Berenberg cut its price target from GBp 263 to GBp 252 while keeping a Hold rating, according to Fidelity UK.

Upcoming milestones remain financial

Partner agreements announced with the half-year results are scheduled to begin delivery in October 2026. Vistry also expects a broadly neutral cash position at December 31, 2026, while the full-year strategic review charges are expected to be quantified in the fourth quarter.

Stock stays tied to execution

For investors, the central test is whether lower volumes and tighter capital controls can stabilize cash generation after the first-half loss. The current euro quotation is EUR 2.82 at Lang & Schwarz on October 15, 2026 at 1:41 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Vistry stock.