UK homebuilder Barratt Redrow rises after maintaining FY26 outlook

Barratt Redrow

05/11/2025 08:30

** Shares of Britain's largest homebuilder Barratt Redrow BTRW.L rise 1.7% to 378.4p; stock among top gainers on the FTSE 100 index .FTSE

** Co maintained its outlook for total home completions of between 17,200 and 17,800 for the year ending June 2026

** However, BTRW's net private reservation, excluding joint ventures slowed to 0.57 for 17-week period from June 30 to October 26 vs 0.59 in the prior year

** "We see limited, if any, changes to consensus forecasts
following this update, although the Budget outcome could impact
forecasts," Peel Hunt says

** YTD, stock down ~14.93%

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))