Vistry Group PLC (LSE:VTY) 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 £4.9 billion.
UBS expects the first-half numbers to show a 12% year-on-year volume growth to 8,000 units and an adjusted operating profit margin of 11.2% compared to 11.6% in the previous year.
The bank projects a pre-exceptional profit before tax of £183 million, reflecting a 5% year-on-year increase, and expects the net debt to be £275 million.
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% year on year and in-line with consensus.