Vistry Group PLC (CHIX:VTYl)
£ 13.09 0.17 (1.32%) Market Cap: 4.44 Bil Enterprise Value: 4.63 Bil PE Ratio: 20.57 PB Ratio: 1.36 GF Score: 78/100

Vistry Group PLC Capital Markets Event Transcript

May 25, 2021 / 02:00PM GMT
Release Date Price: £12.48
Gregory Paul Fitzgerald
Vistry Group PLC - CEO & Executive Director

(presentation)

Good afternoon, everyone, and welcome to today's Partnerships seminar. It's great that so many of you have been able to join us. We're really excited about the outlook and future for Vistry Partnerships and wanted to share this with you today.

The market opportunity is very significant; and Vistry Partnerships is uniquely positioned [within this] attractive, fast-growing market. Many of you will have heard me say that I firmly believe we have the best Partnerships business out there, and indeed this was one of the key rationales for the acquisition. We are ambitious for this business and have set out a clear growth strategy targeting GBP 1 billion of revenue by full year '22, with an operating margin improvement to at least, and that's the important word there, 10%. And as you've just seen in the video, this strategy is embedded right across the business and its people. It's not just something we've rolled out for the city. The business is making excellent progress and is well on track to deliver

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