Sep 24, 2026 · 7 min
Raspberry Pi surges as H&M and Vistry stumble
Raspberry Pi Rallies, H&M Falls, Vistry Drops
The episode shows how earnings quality, one-off benefits, and housing weakness can send European stocks in sharply different directions.
- 1Raspberry Pi rallied 23% after strong revenue growth, improved profitability, and raised earnings expectations.
- 2H&M slipped despite beating earnings estimates because tariff refunds boosted results and inventories remained elevated.
- 3Vistry plunged after impairments, fire-safety provisions, and weak housing demand drove a major loss.
Don't miss
Raspberry Pi’s 23% rally stands out as investors rewarded strong revenue growth, improved profitability, and raised earnings expectations.
The brief
Bloomberg Audio Studios opens its European stock roundup with reporter Chloe Melley, focusing on three companies whose latest results produced sharply different market reactions.
Raspberry Pi led the moves, rallying 23% after strong revenue growth, better profitability, and raised earnings expectations gave investors more confidence in its outlook.
H&M delivered an earnings beat but still slipped: tariff refunds helped the result, while elevated inventory raised questions about the underlying strength of the business.
Vistry suffered the steepest setback, reporting a major loss tied to impairments, fire-safety provisions, and weak housing demand.
Together, the moves show why markets look beyond headline earnings to assess one-off benefits, balance-sheet damage, and the durability of guidance.
What was said on this episode
8 statements · 4 positive · 4 negative
Vistry reported a £660 million first-half loss.
“it just revealed a £660 million loss for the first half of the year”
Listen at 0:57
The UK housing market has been in a prolonged slump.
“The UK housing market has obviously been in a slump for quite a while.”
Listen at 1:58
H&M’s third-quarter results beat expectations.
“3rd quarter results beating expectations”
Listen at 2:36
Cheaper companies such as Shein are increasing competition for H&M.
“increasing competition from cheaper companies like Shein”
Listen at 3:12
H&M has been falling behind rival Inditex.
“H&M has been sort of falling behind its closest rival, which is Inditex”
Listen at 3:18
Raspberry Pi revenue increased 90%.
“revenue jumping 90%”
Listen at 4:02
Raspberry Pi profit more than doubled.
“The profit also more than doubled.”
Listen at 4:04
Raspberry Pi is optimistic about its remaining-year outlook.
“it's also very upbeat about the outlook for the rest of the year”
Listen at 4:06
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Mentioned
H&M
Shein
InditexListen to the full episode and explore every guest, topic, and moment on PodLume.