Proactive Investors - Vistry Group (LON:VTYV) has the honour of being the first housebuilder to report post-election and given it has already been bigging up its social partnership activity, expect a jaunty update.
Sales rates in the year to mid-May were 0.96 (prior year 0.87) and the last reported order book was £4.9bn.
UBS expects first-half numbers to show 12% y/y volume growth to 8,000, an adjusted operating profit margin of 11.2% (PY: 11.6%), pre-ex PBT of £183m (+5% y/y) and net debt of £275m.
At the AGM update (16 May) full-year volume guidance was increased from 17,500 to 18,000 with UBS forecasting underlying pre-tax profits of £436 million or up 4% y/y and in-line with consensus.