0947 GMT - A challenging economic backdrop could hurt Barratt Redrow's outlook, likely leading to limited growth for the house builder in the year to come, Interactive Investor's Richard Hunter says. The company's adjusted margins fell to 8% from 8.9% as build cost inflation and sales incentives continued to erode some of its profitability, Hunter notes. It also cut dividend payments to 5 pence from 5.5 pence, reducing the yield to 4.4% but remaining attractive, he says. Still, it remains to be seen if investors will ignore current hurdles and focus on long-term potential, he says. "As such, there could be some pressure to come on a market consensus which has recently remained at a highly optimistic strong buy," Hunter says. Shares are down 6% at 365.60 pence.(anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

February 11, 2026 04:47 ET (09:47 GMT)

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