Latest News About Vistry Group voluntary exit

Vistry Group opened an enhanced voluntary exit scheme for staff below managing director level as part of cash preservation and debt reduction comes after a pause in the share buyback and an expectation that first-half profits will be significantly lower than last year 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 the goal centers on preserving cash and cutting debt Shares have fallen as details emerge about the scheme while management reviews options and outlook The voluntary exit scheme could reduce headcount gradually to preserve financial flexibility for Vistry Group