World & BusinessVistry reveals £661 million first-half pretax loss, plans far fewer homes
Bloomberg reports that the UK homebuilder's loss followed a goodwill writeoff and further fire-safety provisions.
TLDR
Vistry Group revealed a £661 million pretax loss for the first half of 2026, Bloomberg reports. The loss followed a goodwill writeoff and further fire-safety provisions. CEO Adam Daniels unveiled a strategic review targeting far fewer homes as the UK homebuilder seeks to turn around a slump.
Vistry reveals £661 million first-half pretax loss, plans far fewer homes
Bloomberg reports that the UK homebuilder's loss followed a goodwill writeoff and further fire-safety provisions.
TLDR
Vistry Group revealed a £661 million pretax loss for the first half of 2026, Bloomberg reports. The loss followed a goodwill writeoff and further fire-safety provisions. CEO Adam Daniels unveiled a strategic review targeting far fewer homes as the UK homebuilder seeks to turn around a slump.