Vistry Group shares hit near-decade low after 2026 margin warning, CEO exit plan
Shares of Vistry Group tumbled Wednesday after the UK homebuilder flagged a profit margin squeeze expected in 2026 and disclosed that Executive Chair and CEO Greg Fitzgerald intends to step down, pushing the stock to lows not seen in nearly ten years. This update arrives while UK builders are increasingly resorting to discounts and incentives just to maintain private-buyer demand—moves that eat right into their margins. Investors haven’t hesitated to hit anything resembling a price war.