Adam Daniels has been appointed as CEO of Vistry with immediate effect. Former CEO Greg Fitzgerald will remain available to assist with the transition as required.
Mr Daniels is currently Executive Chair of one of Vistry’s largest operating divisions. Previously, he joined Countryside Partnerships back in 2016, which was then acquired by Vistry in 2022.
The shares fell 3.5% in early trading.
Our view
HL view to follow.
Vistry key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
This article is not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.