Latest News About Vistry opens voluntary redundancy

Vistry Group is running an enhanced voluntary exit plan for employees below MD level to support cash preservation and debt reduction follows pause of the share buyback as first-half profits are expected to be notably lower than a year ago as an operational review is due by 24 September Vistry states the plan could be the right outcome for staff and the company as it continues forward primary aim remains cash preservation and debt reduction Shares have fallen as details emerge about the scheme with management reviewing outlook and strategy The program could trim staff gradually and help maintain financial flexibility for the group