- CEO
- Adam Daniels
- Full Time Employees
- 4,587
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- 11 Tower View West Malling United Kingdom ME19 4UY
- IPO Date
- Apr 19, 2010
- Business
- Vistry Group PLC (LSE: VTY), formerly Bovis Homes Group PLC, is a leading UK housebuilder focused on the design, construction and sale of new homes across private, affordable and partnerships segments. The company operates through prominent brands including Bovis Homes, Linden Homes and Countryside Homes for open-market sales to private customers; and Countryside Partnerships for multi-tenure developments, regeneration projects and affordable housing in collaboration with housing associations, local authorities and public sector partners. Its offerings encompass a range of property types from one-bedroom apartments to six-bedroom executive homes, including innovative house types such as the Phoenix Range, with emphasis on sustainable communities and timber-frame construction.
Founded in 1885 and headquartered at 11 Tower View, Kings Hill, West Malling, Kent, Vistry Group conducts operations throughout England, delivering thousands of homes annually and ranking among the UK's largest housebuilders by volume. The company maintains two primary segments: Housebuilding for private and affordable homes on owned sites; and Partnerships for joint ventures and contracted developments, positioning it as a strategic partner to Homes England under the 2021-2026 Affordable Homes Programme. It targets diverse customer types including individual buyers, housing associations and public bodies, with a strong pipeline supporting one-in-six of the UK's affordable homes completions in recent years.
In January 2020, Vistry Group emerged from Bovis Homes' £1.1 billion acquisition of Galliford Try's housing businesses, including Linden Homes, integrating operations and renaming the entity while retaining key brands. The 2022 acquisition of Countryside Partnerships for £1.24 billion further expanded its multi-tenure capabilities, creating a top-tier housebuilder with over £3 billion in revenue potential. Recent developments include a September 2025 grant of £50 million from Homes England, increasing total funding to £252 million to deliver over 3,500 additional affordable homes; entry into a long-term investment joint venture with Homes England; and a £100 million industry contribution toward affordable housing as part of a resolved Competition and Markets Authority probe into information-sharing practices.
Amid 2024 profit warnings totaling over £200 million from cost overruns in its southern division, Vistry restructured in January 2025 by consolidating six regions into three, enhancing commercial oversight and exiting traditional open-market housebuilding to prioritize partnerships-led growth. In March 2025, it reported full-year pre-tax profit of £105 million on £3.8 billion revenue, with completions rising 7% to 17,225 units despite challenges. Ongoing share buybacks, including 46,000 shares purchased in December 2025, underscore capital management efforts.