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Davy Research

Barratt Redrow plc

FY24 ahead but FY25 volumes lower

Jul 10 2024, 08:20 IST/BST
Colin Sheridan CFA
Company Report
6 page(s)

Sectors : Construction and Housebuilding

Companies : Barratt Redrow plc

Ratings and price correct at time of issue.

Barratt Redrow plc

Closing Price: 491p
RATING 25/06/20
OUTPERFORM
PREVIOUS RATING 24/03/14

NEUTRAL

Colin Sheridan CFA

Analyst

DAVY VIEW

FY24 results will be better than expectations at Barratt Developments. However, due to the lower level of land buying activity in FY23 and FY24, volumes in FY25 are guided to be behind expectations.

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Jul 10 2024, 08:20 IST/BST

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Barratt Redrow plc

FY24 ahead but FY25 volumes lower

Barratt Redrow plc

RATING 25/06/20

NEUTRAL

Colin Sheridan CFA

DAVY VIEW

Download full report with analyst certification and important disclosures