Vistry Group PLC (BVHMY) Q4 2025 Sales/Trading Call Transcript

Company Performance - In 2025, the company delivered profits ahead of 2024, indicating a strong second half performance despite subdued market demand in the private sales market [3] - The company is starting 2026 in a fundamentally better shape than a year ago, being leaner and more efficient [3] - There is a significant pent-up demand for housing, particularly in the affordable market, which is expected to take off in 2026 [3] Business Strategy - The company faced a difficult year in 2024, which necessitated stabilization, simplification, and reorganization in the first half of 2025 [4] - The successful completion of these steps has contributed to the current improved business position [4]