Brief: Barratt Redrow Adjusts FY27 Guidance For Total Home Completions To 17,500-17,900
BRIEF-Barratt Redrow Adjusts FY27 Guidance For Total Home Completions To 17,500-17,900 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
Source text: ID:nRSP9047Ua
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