Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Builders and building materials

Barratt Redrow results to see builder's strategic blueprint post-merger

Barratt Redrow PLC (LSE:BTRW) interim results on Wednesday 12 February are expected to see the housebuilder construct a fuller picture of its strategy for investors.

Following the merger of the two companies last autumn, the FTSE 100-listed group will report on the basis of Redrow being included from 24 August.

Sales are expected to decline 7% year-on-year and underlying profits before tax falling around 31%, according to UBS.

Barratt Redrow has announced it will lay out a strategy update alongside interim results.

"This is the first opportunity for the company to present financial ambitions for the combined group," the UBS analysts said.

The City consensus is for pre-exceptional PBT to increase from £540 million in the current year to June 2025, to £731 million in 2026 and £909 million in 2027, albeit UBS thinks these forecasts are "slightly stale".

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK