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
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Half Year 2023 Vistry Group PLC Earnings Call Transcript

Sep 11, 2023 / 07:30AM GMT
Release Date Price: £9.04 (+13.54%)
Gregory Paul Fitzgerald
Vistry Group PLC - CEO & Executive Director

Good morning all. Let's make a start, and welcome to the half year results of Vistry Group 2023 and importantly, our strategy update.

I'm delighted to be joined today by the big guns, Tim Lawlor, Earl Sibley. And we've even brought along Stephen Teagle, the CEO of Countryside Partnerships. Stephen is so enthusiastic. It positively makes me feel and look [miserable] at time. So you'll enjoy his section when we get to it.

So today, introduction by me, financial review, obviously, Tim, strategy update will be myself, Earl and Stephen. Capital allocation back to Tim, which is another update today. And I will finish off with an outlook. So as the 2 [runners] used to say, an absolute pack agenda tonight. So let's get on with it.

So let's start with the evolution of the strategy. There is an acute shortage of affordable housing in this country. And a market commentator in the last week or 2 has actually said, it's no longer a housing crisis, it's a housing disaster. That's where this country is. And Vistry, I'm

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