Barratt Redrow PLC
BTRW
ISIN GB0000811801 / Valor 371855
Barratt Redrow PLC
UMushroom community rating:
About company
Barratt Developments PLC is a British residential property development company that focuses on building and selling homes in the United Kingdom. They operate through three brands: Barratt Homes, David Wilson Homes, and Barratt London. The company also provides mortgage and property management services.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (22.12.2024):
Revenue Growth
Barratt Redrow PLC reported a combined total revenue of £2,492.5 million for the first half of the fiscal year 2024, which includes housebuilding revenues of £2,477.9 million and other revenues of £14.7 million. This reflects the unaudited aggregated income statements for the period from 1 July 2023 to 31 December 2023.
Profit Margins
The adjusted gross profit for Barratt Redrow PLC in the first half of fiscal year 2024 was £423.1 million, with an adjusted gross margin of 16.8%. The gross profit stood at £365.7 million, resulting in a gross margin of 14.6% for the same period.
Operational Profit
For the first half of fiscal year 2024, Barratt Redrow PLC achieved an adjusted profit from operations of £248.4 million, with an adjusted profit from operations margin of 9.3%. The profit from operations was reported at £191.0 million, translating to a profit from operations margin of 7.1%.
Net Assets
As of 31 December 2023, Barratt Redrow PLC's net assets were valued at £7,462.6 million. This figure represents the combined net assets of both Barratt Developments PLC and Redrow PLC, reflecting their financial position at the end of the reporting period.
Outlook
Barratt Redrow PLC is scheduled to release its half-year results for fiscal year 2025 on 12 February 2025. The company will provide further insights into the impact of any accounting policy alignments or fair value adjustments resulting from the acquisition of Redrow PLC by Barratt Developments PLC.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
7812 M
Market cap (USD)
834,600
Daily traded volume (Shares)
4.348 / 4.282
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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