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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Barratt Redrow
Barratt Redrow (BTRW) investor relations material
Barratt Redrow Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary4 Nov, 2026
Trading performance
Underlying private reservation rate 0.53 per week vs 0.57 YoY; PRS and other multi-unit sales contributed 0.06, bringing the total rate to 0.59 vs 0.57.
Private reservations averaged 243 per week, including JVs, vs 228; average active outlets were 406 including JVs vs 402, or 396 excluding JVs vs 392.
Completions including JVs were 3,223, down 12.1% YoY from 3,665.
Forward orders
Forward order book reached 11,086 homes worth £3,315.4m, up 3.9% by homes and 1.0% by value YoY.
Private forward sales rose 7.2% to 5,841 homes; affordable forward sales were 4,674 homes, down 0.1% YoY.
FY27 private completions were 56% forward sold vs 60% YoY; 62% of that position was completed or exchanged vs 64%.
Outlook
FY27 guidance remains unchanged amid challenging market conditions and continued affordability pressure.
The Your First Home scheme is welcomed for its potential to support housing delivery over time, but its FY27 impact on first-time buyer activity is too early to assess.
Priorities remain cost efficiencies, disciplined land investment and tight work-in-progress control.
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Latest events from Barratt Redrow
- Completions up 5%, strong cash, £73m synergies, and robust FY27 outlook.BTRW
H2 2026 - 17,667 completions, £400m capital return via buybacks, resilient outlook amid cost pressures.BTRWQ4 2026 TU
- Reservation rates, cash, and forward sales up; guidance and integration progress reaffirmed.BTRWQ3 2026 TU
- Revenue up 10.5%, completions up 4.7%, and £100m synergies confirmed amid market headwinds.BTRWH1 2026
- Synergies and multi-branding drive growth, with higher reservation rates and stable trading.BTRWTrading Update
- Profits and completions fell, but cash is strong and Redrow synergies are expected.BTRWH2 2024
- Profit outlook improves as land approvals rise, site recovery expected by FY 2026, and Redrow merger advances.BTRWTrading Update
- Stable demand, strong land pipeline, and cost synergies support FY25 guidance.BTRWTrading Update
- Targeting 22,000 homes annually, >20% ROCE, and £100m synergies for sustainable growth.BTRWCMD 2025
Next Barratt Redrow earnings date
H1 202710 Feb, 2027
Barratt Redrow
Next Barratt Redrow earnings date
H1 202710 Feb, 2027
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Frequently asked questions
Barratt Developments plc is a residential property development company engaged in the construction and sale of homes across the United Kingdom. The company operates through multiple brands, delivering a range of housing projects, from affordable homes to premium properties. Barratt Developments focuses on land acquisition, planning, design, and sustainable building practices to support housing demand. Its developments include suburban communities, urban apartments, and mixed-use projects. Barratt Developments plc is headquartered in Coalville, United Kingdom, and its shares are listed on the LSE.