Barratt Redrow said forward sales at the end of March were 10.1% lower at 10,245 homes though it still expects to deliver between 16,800 and 17,200 homes, including around 600 JV home completions, in the full year.
In a trading update for the 13-week period from 30 December 2024 to 30 March 2025, David Thomas, chief executive, said the company was “well-placed to deliver housing volumes in line with our full year guidance”.
He said the operational integration of Barratt and Redrow is nearing completion, and its is making good progress on both cost and revenue synergies.
“Whilst macroeconomic uncertainty has increased, we remain encouraged by the government’s ongoing commitment to increasing housebuilding activity and proposed supply-side support.
“As we outlined at our Capital Markets Update on 12 February 2025, we are well positioned for future growth.”
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