1250 GMT - Rising building costs paired with softening price growth will weigh on Barratt Redrow's profits over the next three years, Peel Hunt's Clyde Lewis and Sam Cullen write. The U.K. house builder's pretax profits from 2026 to 2028 will be 5% lower each year, compared with the analysts' previous forecasts, they say. A subdued U.K. housing market will pressure the group's pricing power, they say. However, some cost savings will come from the continuing integration of Redrow into the Barratt business after the two companies' October 2024 merger, they write. Shares fall 2.8%. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

February 16, 2026 07:50 ET (12:50 GMT)

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