BRIEF-Barratt Redrow Sees FY ADJ PBT At Upper End Of Market Views

Reuters
Feb 12, 2025
BRIEF-Barratt Redrow Sees FY ADJ PBT At Upper End Of Market Views

Feb 12 (Reuters) - Barratt Redrow PLC BTRW.L:

  • BARRATT REDROW PLC: UPDATING OUR MEDIUM TERM GUIDANCE AND TARGETS FOR COMBINED GROUP

  • BARRATT REDROW PLC: HY REVENUE 2,280.8 MILLION STG

  • BARRATT REDROW PLC: EXPECT TO DELIVER C. 22,000 HOMES PER ANNUM IN MEDIUM TERM, WITH OPERATING MARGIN RECOVERING TO C. 15%

  • BARRATT REDROW PLC: HY ADJUSTED PBT 167.1 MILLION STG

  • BARRATT REDROW PLC: HY DIVIDEND PER SHARE 5.5P

  • BARRATT REDROW: INITIATING ONGOING SHARE BUYBACK PROGRAMME WHICH WILL RETURN £100M PER ANNUM, TO BEGIN WITH £50M BUYBACK IN H2 OF THIS FINANCIAL YEAR

  • BARRATT REDROW: EXPECT TO DELIVER TOTAL HOME COMPLETIONS OF BETWEEN 16,800 AND 17,200 IN FY25

  • BARRATT REDROW PLC: SEES FY ADJUSTED PBT, BEFORE IMPACT OF PPA ADJUSTMENTS AT UPPER END OF MARKET VIEWS

Source text: ID:nRSL7600Wa

Further company coverage: BTRW.L

((Reuters.Briefs@thomsonreuters.com;))

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