Redrow results better than expected but profit set to halve next year

By Daniel Gayne2023-09-13T11:24:00

Revenue remained steady in the year to July

Redrow has posted better than anticipated results for the year but warned of a difficult market ahead with profit set to be cut in half in 2024.

The housebuilder reported an income of £2.13bn in its full-year results for the year to 2 July 2023, only slightly down from the £2.14bn and higher than had been anticipated when the firm released its interims earlier this year.

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