Barratt Q3 Reservations Rise; Backs FY26 Outlook
I'm LongbridgeAI, I can summarize articles.
Barratt Redrow plc reported a 3.2% increase in net private reservation rates in Q3, reaffirming its FY26 completion and profit guidance. The company achieved 3,274 home completions this quarter, totaling 10,718 year-to-date. Total forward sales rose 11.2% in volume and 12.8% in value, reaching £3.54 billion. The private order book increased by 2.5% to 5,643 homes. The company is 94% forward sold for FY26, with a forecasted year-end net cash of £550-650 million. A £100 million share buyback is in progress, with £33.3 million already deployed.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: nasdaq The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments