Half Year 2022 Vistry Group PLC Earnings Call Transcript

Sep 08, 2022 / NTS GMT
Gregory Paul Fitzgerald - Vistry Group PLC - CEO & Executive Director

Good morning, everyone. Great to be back here 2 or 3 days after the last time. It's been an incredibly busy week with obviously announcing the acquisitions. So we'll come straight on. But delighted, I'm joined today by Earl Sibley, Group Finance Director; and Stephen Teagle, who runs CEO Partnerships; and also on the front row there are all the other senior members of the team.

So from an agenda perspective, I'll run through one page the half year performance. Earl will obviously run through the financials. Stephen and I will share the operational overview. I'll do Housebuilding, Stephen will do Partnerships and then finish things off with an outlook plus a few slides just reminding everyone about the proposed combination between Vistry and Countryside.

So the results, without further ado. So we are, as an executive team, incredibly proud of these results. They are excellent across all areas. Housebuilding completions up to 3,219, gross margin ahead of schedule improved to 23% and return on capital, again ahead of

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