Barratt Redrow plc (LON: BTRW)

London flag London · Delayed Price · Currency is GBP · Price in GBX
432.90
+2.90 (0.67%)
Dec 20, 2024, 6:50 PM BST
-22.17%
Market Cap 6.25B
Revenue (ttm) 4.17B
Net Income (ttm) 114.10M
Shares Out 1.44B
EPS (ttm) 0.12
PE Ratio 37.32
Forward PE 16.00
Dividend 0.16 (3.74%)
Ex-Dividend Date Sep 26, 2024
Volume 8,944,435
Open 429.50
Previous Close 430.00
Day's Range 426.30 - 435.90
52-Week Range 395.00 - 573.60
Beta 1.63
Analysts n/a
Price Target n/a
Earnings Date Feb 12, 2025

About Barratt Redrow

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands. The company ... [Read more]

Founded 1958
Employees 6,270
Stock Exchange London Stock Exchange
Ticker Symbol BTRW
Full Company Profile

Financial Performance

In 2024, Barratt Redrow's revenue was 4.17 billion, a decrease of -21.67% compared to the previous year's 5.32 billion. Earnings were 114.10 million, a decrease of -78.48%.

Financial Statements

News

Labour plan for 1.5m new homes is not feasible, housebuilding firm says

Head of Barratt Redrow warns sector faces ‘national crisis’ due to skills shortage, ageing workforce and Brexit Labour’s plan to build 1.5m homes during this parliament is not achievable because of a ...

7 days ago - The Guardian

Labour’s British building boom not possible, construction authorities say

Asked Labour’s vow to build 1.5 million homes is achievable, Barratt Redrow chief executive David Thomas said: “The short answer is no.”

8 days ago - Evening Standard

Hundreds of jobs under threat as Barratt Redrow kick-starts cost-cutting

The newly-merged housebuilder has launched a consultation on the proposed closure of five of nine divisional offices it has earmarked to be shut.

2 months ago - Evening Standard

Barratt’s £2.5bn takeover of Redrow given go-ahead by UK regulator

CMA accepts undertakings by both housebuilders to address concerns over a potential local competition issue The £2.5bn acquisition by the UK’s biggest housebuilder Barratt of its smaller rival Redrow ...

2 months ago - The Guardian

Barratt’s £2.5bn takeover of Redrow gets green light from watchdog

Regulators said on Friday that they had accepted measures designed to assuage competition concerns from the two housebuilders.

2 months ago - Evening Standard

UK's competition regulator clears $3.32 bln Barratt-Redrow deal

Britain's competition regulator said on Friday it has cleared Barratt's 2.52 billion pound ($3.32 billion) all-stock acquisition of smaller rival Redrow, after accepting the undertakings offered by th...

2 months ago - Reuters

Barratt's Share Price Dips As Builder Announces Sharp FY Profits Fall

Shares in Barratt Developments dipped during Tuesday's risk-off session as it announced a sharp profits drop for the last financial year.

3 months ago - Forbes

UK homebuilder Barratt's annual profit slumps 56%

British housebuilder Barratt said housing demand continues to be sensitive to mortgage affordability after it posted a 56% slump in its annual profit on Wednesday, as high interest rates and sticky in...

3 months ago - Reuters

UK's Barratt says regulator's concern waived for Redrow acquisition

British homebuilder Barratt said on Monday that it had waived the competition regulator's concern for its 2.52 billion pounds ($3.27 billion) deal to buy Redrow.

4 months ago - Reuters

UK's Barratt flags up to 7% drop in 2025 homebuilding targets amid tough market

Britain's Barratt Developments expects its homebuilding targets for fiscal 2025 to drop by up to 7% as elevated mortgage rates and broader economic concerns hold back a housing market recovery.

5 months ago - Reuters

Labour's landslide victory sees U.K. housebuilder stocks surge

The Labour Party's landslide victory in the U.K.'s general election pushed up shares in Britain's top housebuilders on Friday morning as investors were optimistic that Keir Starmer's new government wi...

6 months ago - Market Watch

UK competition watchdog starts formal probe into Barratt-Redrow deal

Britain's competition regulator launched a formal investigation on Friday into homebuilder Barratt's 2.52 billion pound ($3.21 billion) all-stock deal to buy smaller rival Redrow to examine whether it...

6 months ago - Reuters

UK competition watchdog looks into Barratt's $3 bln purchase of Redrow

British competition regulator is looking into homebuilder Barratt's 2.52 billion pound ($3.21 billion) all-stock deal to buy smaller rival Redrow , it said on Friday.

10 months ago - Reuters

Barratt Shares Slip 7% As Redrow Merger Announced

Shares in Barratt Developments reversed sharply on Wednesday as the FTSE 100 housebuilder announced a monster tie-up with industry peer Redrow.

11 months ago - Forbes

Barratt Announces Redrow Buyout

Barratt Developments has agreed to buy smaller housebuilder Redrow for £2.5 billion in an all-share deal.

11 months ago - WSJ

U.K. housebuilder Barratt Developments agrees to buy peer Redrow for $3.2 billion.

Barratt Developments BDEV, +1.77% has agreed to buy smaller housebuilder Redrow RDW, +1.35% for 2.52 billion pounds ($3.17 billion) in an all-share deal.

11 months ago - Market Watch

UK homebuilder Barratt to buy Redrow in 2.52 bln pound deal

Britain's biggest homebuilder Barratt has agreed to buy Redrow in an all-share deal valuing the smaller rival at about 2.52 billion pounds ($3.18 billion) in a bid to boost volumes and delivery of hom...

11 months ago - Reuters

Top 40 High-Yield Blue-Chip U.K. Stocks: Autumn 2023

Dividend yield is actually a fairly reliable indicator of value and future returns. There is an elevated risk of dividend cuts and suspensions when yields are so high, but in many cases, that seems un...

1 year ago - Seeking Alpha

Barratt reports a 16% hit to annual profit: ‘cracks are starting to appear'

Barratt Developments PLC (LON: BDEV) says higher mortgage rates and the ongoing cost-of-living crisis will continue to weigh on demand in the coming months. U.K. house prices recently saw worst declin...

1 year ago - Invezz

U.K. housebuilder shares under pressure after Barratt warns of sliding sales

Shares of U.K. housebuilders led the London market lower Wednesday, after the sector's biggest company by market cap reported a slide in home sales as surging mortgage costs deter buyers.

1 year ago - Market Watch

UK's Barratt to build fewer homes in 2024

Britain's largest homebuilder Barratt Developments said on Thursday it would build far fewer homes this fiscal year as mounting worries over mortgage affordability and persistent inflation drive buyer...

1 year ago - Reuters

Barratt Developments reveals a new partnership with Citra Living

Barratt Developments PLC (LON: BDEV) ended slightly up on Friday after announcing a new partnership with Citra Living. Barratt to sell homes to Citra Living The property developer has agreed to sellin...

1 year ago - Invezz

Top 40 High-Yield Blue-Chip U.K. Stocks: Spring 2023

Much has changed since the last update in September, with banks now hogging many of the top spots. Bank shares have gone down in the last couple of weeks and their dividend yields have gone up, becaus...

1 year ago - Seeking Alpha

FTSE 100 Round-Up: J Sainsbury, Barratt Developments

Sainsbury's and Barratt have both fallen in Wednesday trading following the release if fresh trading numbers.

2 years ago - Forbes