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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 summary5 Nov, 2025
Trading performance and operational update
Net private reservation rate was 0.57 per week, slightly down from 0.59, with no private rental sector or multi-unit sales contribution.
Total home completions rose 7.9% to 3,665 compared to 3,396 in the prior period.
Forward order book at 26 October 2025 stood at 10,669 homes valued at £3,281.4m, nearly flat year-on-year.
60% of FY26 private home completions are forward sold, with 64% completed or exchanged.
Average active sales outlets decreased to 402 from 433.
Synergies and integration progress
£80m of cost synergies confirmed, up £11m since June 2025, with £100m target on track.
£45m of incremental cost synergies expected in FY26.
Head office integration and team restructuring completed; overhead costs rationalised.
Redrow system transition to be completed in FY26; procurement programme harmonising buying terms.
26 planning applications for incremental sales outlets submitted, with 13 approvals secured.
Land and strategic positioning
Land bank at 29 June 2025 comprised c.100,000 plots, equating to 6.2 years of supply.
68% of owned land bank plots have detailed planning consent.
Strategic land positions include c.145,000 plots, plus Gladman's promotional portfolio of c.114,000 plots.
Land acquisition expected to match replacement levels over next 2-3 years, with more from strategic positions.
Pace to achieve full £100m cost synergies
Impact of strategic land conversion on land costs
Strategy for private rental sector sales
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Next Barratt Redrow earnings date
H1 202611 Feb, 2026
Next Barratt Redrow earnings date
H1 202611 Feb, 2026
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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.
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