Barratt Redrow Adjusts FY27 Guidance For Total Home Completions To 17,500-17,900

By Reuters News

Sept 16 (Reuters) - Barratt Redrow PLC BTRW.L:

  • BARRATT REDROW FY REVENUE GBP 6,055 MILLION

  • BARRATT REDROW PLC: . FY27 GUIDANCE FOR TOTAL HOME COMPLETIONS ADJUSTED TO 17,500-17,900

  • BARRATT REDROW PLC: OUR NET PRIVATE WEEKLY RESERVATION RATE FROM 29 JUNE 2026 TO 6 SEPTEMBER 2026 WAS 0.62

  • BARRATT REDROW PLC: WHILST RECENT PLANNING REFORMS SHOULD, IN TIME, BOOST HOUSING DELIVERY, ALONE THEY WILL NOT BE ENOUGH

  • BARRATT REDROW PLC: . FORWARD SALES AT 6 SEPTEMBER 2026 WERE 11,200 HOMES (7 SEPTEMBER 2025: 10,593 HOMES) AT A VALUE OF £3,337.6M

  • BARRATT REDROW PLC: GOVERNMENT MUST ALSO TAKE ACTION TO SUPPORT DEMAND, PARTICULARLY FOR FIRST-TIME BUYERS

  • BARRATT REDROW PLC: PERFORMANCE IN YEAR AHEAD WILL CONTINUE TO BE INFLUENCED BY BROADER MACRO-ECONOMIC ENVIRONMENT

  • BARRATT REDROW PLC: HIGHER MORTGAGE RATES AND AFFORDABILITY PRESSURES WILL CONTINUE TO IMPACT CUSTOMER CONFIDENCE

  • BARRATT REDROW FY ADJUSTED PRETAX PROFIT GBP 572.8 MILLION

  • BARRATT REDROW: ONLY BY CUTTING HOMEOWNERSHIP BARRIERS AND ADDRESSING REGULATORY AND TAX BURDENS, GOVERNMENT COULD UNLOCK HIGHER HOUSING DELIVERY

  • BARRATT REDROW: UNDOUBTEDLY, THERE WILL BE CHALLENGES AND OPPORTUNITIES AHEAD

  • BARRATT REDROW: WE ANTICIPATE THAT SALES INCENTIVES WILL REMAIN ELEVATED IN FY27

  • BARRATT REDROW: IN FY28, TO RETURN 50% OF ADJUSTED NET INCOME, SUPPLEMENTED BY AT LEAST £100M OF ADDITIONAL SHARE BUYBACK

Further company coverage: BTRW.L

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