美國居民不適用 XM 服務。

UK homebuilders Barratt, Vistry set to underline recovery path



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>PREVIEW-UK homebuilders Barratt, Vistry set to underline recovery path</title></head><body>

By Aby Jose Koilparambil

Sept 3 (Reuters) -Top UK homebuilders Vistry VTYV.L and Barratt BDEV.L will likely strike a cautiously optimistic tone on demand recovery when they report earnings this week as interest rates ease and government policy reforms take shape.

The homebuilders are expected to benefit from increased affordability due to declining mortgage rates and volume growth from the new Labour government's push to deliver 1.5 million more homes before the next election through an overhaul of the planning system.

Persimmon PSN.L and Taylor Wimpey TW.L recently forecast annual housebuilding numbers towards the upper end of their guidance range, while Bellway BWY.L noted improving buyer confidence following a drop in mortgage rates.

"There appears to be a more tangible recovery evidence at the start of the second half of the year, and there is some expectation that this is a recovering trend," said Colin Sheridan, equity analyst at Davy.

Barratt is set to report on Wednesday, with analysts expecting a 60% drop in adjusted pre-tax profit to £365 million ($479.5 million) for the year ended June 30, according to LSEG data based on 15 analysts.

Investors in the FTSE 100 company will be watching for any upward revision to the company's 2025 homebuilding targets, which wereflagged for a potential 7% drop in July.

UBS analyst Marcus Cole said an earnings recovery cycle is approaching for UK homebuilders.

Vistry, which reports on Thursday, expects a 7% jump in half-year profit, buoyed by resilient demand for its affordable homes from housing associations and the rental segment, making it an outlier in the sector in the past few years.

However, Vistry's efforts to boost its balance sheet health will be key as the group plans to return 1 billion pounds to shareholders over the next three years, said Hargreaves analyst Aarin Chiekrie.

Despite the positive outlook, analysts caution that homebuilders may retain an element of caution due to mortgage rates remaining above levels seen in the past two to three years.

"A further easing of mortgage rates will be needed if activity is to pick up significantly," said Hargreaves analyst Susannah Streeter.

The market will also watch for high-end builder Berkeley's BKGH.L trading update on Friday.


($1 = 0.7613 pounds)



Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Tasim Zahid

</body></html>

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

風險提示:您的資金存在風險。槓桿商品並不適合所有客戶。請詳細閱讀我們的風險聲明