Record-breaking Redrow warns on Brexit

Redrow chairman Steve Morgan (left)
North West housebuilder Redrow today reported record annual revenues and profits, and called for clarity on Brexit going forward. The group, based in Ewloe, near Chester, saw turnover for the year to June 18, rise by 16% to £1.92bn. Pre-tax profits of £380m was a 21% improvement on last year. Redrow's housing completions rose by 9% to 5,913, and its full year dividend of 28p per share represents a 65% improvement on the previous year. The group also posted a positive cash position of £63m, against net debt of £73m a year ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...