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Davy Research

Barratt Redrow plc

FY25 ahead; FY26 caution on volumes

Sep 17 2025, 08:12 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: 366p
RATING 25/06/20
OUTPERFORM
PREVIOUS RATING 24/03/14

NEUTRAL

Person's Name

Colin Sheridan CFA

Analyst

DAVY VIEW

FY25 results are marginally better than market expectations, with synergies the main driving factor. Synergy will continue to be a benefit in FY26, but caution has been introduced on this year’s volume guidance as nervousness increases in advance of the UK Budget in November.

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Sep 17 2025, 08:12 IST/BST