We're pleased to report strong growth for Redrow
Success is based on acquiring and adding value to land for the benefit of customers, employees, investors and suppliers, as well as for the good of our local communities. We create environments that stand the test of time and which people can appreciate and enjoy.
01 Jul 2016
28 Jun 2016
Share price delayed by 15 mins from LSE.
Rose 33% to a record level driven by a 12% increase in legal completions and a 13% increase in Average Selling Price to £269,800
Exceeding the £200m milestone through 88% of completions coming from sites purchased post downturn at normal margins and house price inflation exceeding build cost inflation.
The record level of profit before tax facilitated the increase in earnings per share.
We achieved one of the highest returns in the sector
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