Vistry Plunges 25% on Sluggish Profit Outlook, CEO Retirement

Vistry Group Plc shares tumbled the most in 17 months after the UK homebuilder warned of sluggish profit growth this year and announced the retirement of Chief Executive Officer Greg Fitzgerald.

The Kent, England-based company said in its full-year results Wednesday that market conditions remain “challenging” and that “international events introduce new uncertainty.” For 2026, it said the shape of profit delivery is expected to be similar to that of last year, during which revenue and operating profit declined. It attributed the outlook partly to greater margin impact from incentives offered through sales initiatives.