Barratt Redrow Reports FY 2026 Results with Increased Home Completions and Integration Synergies
Barratt Redrow reported its FY 2026 results, showing a 5% increase in home completions to 17,667 units compared to the previous year. Revenue exceeded £6 billion despite underlying selling price deflation of nearly 1%. The company faced margin pressures due to incentives and build-cost inflation but still achieved an adjusted profit before tax of £572.8 million. The integration with Redrow was completed, delivering a £73 million profit-and-loss benefit in FY 2026 by validating its £100 million cost-synergy target. The multi-brand strategy is showing early success, particularly at triple-branded sites that are outperforming pre-launch expectations. Looking ahead to FY 2027, Barratt Redrow plans for cash generation and capital returns of up to £400 million through share repurchases while forecasting increased building-safety spending. The company expects build-cost inflation between 3% and 4%, with a focus on materials such as timber and plasterboard.
