Barratt Redrow 13-week Home Completions Rise, Forward Sales Down; Reaffirms FY25 Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
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Should l Buy ?
Source: NASDAQ.COM
Home Completions and Sales Update: Barratt Redrow Plc reported an increase in home completions to 3,717 for the 13-week period ending March 30, compared to 3,662 last year, while forward sales declined by 10% to 10,245 homes. The company maintains its outlook for fiscal 2025, expecting to complete between 16,800 to 17,200 homes.
Market Position and Financials: Despite a decrease in the private home order book volume by 3.5% to 5,503 homes, the value increased by 3.3% to £2.24 billion, indicating modest price inflation. The stock price on the London Stock Exchange is down slightly by 0.09%.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
