BARRATT Redrow has hailed a ‘resilient performance in a subdued market’ after the housebuilder posted its half-year results for the period ended 28 December, 2025.
The firm delivered 7,444 total home completions, which is a 4.7% increase on the 7,107 aggregated total home completions in the same period 12 months earlier.
Adjusted operating profit, before the impact of PPA adjustments, was £210.2 million, which is a slight dip on the £210.8 million adjusted aggregated operating profit in the comparable period last year.
Barratt highlighted a ‘strong’ balance sheet, with net cash of £173.9 million after dividends and share buybacks.
Commenting on the interim results, David Thomas, chief executive of Barratt Redrow plc, said, “During the first half we delivered a resilient performance in a subdued market while making strong progress integrating Redrow. As that integration nears completion, our focus is on disciplined execution.
“We are embedding our proven operating model across the enlarged group, delivering operational excellence, strengthening efficiency, and positioning Barratt Redrow to deliver volume growth, margin progression, and capital returns through the cycle.
“With a strong land bank, solid forward sales and synergy delivery in line with our targets, we are well positioned to deliver sustainable medium-term growth. However, while progress made on planning reform is encouraging, a stable and supportive demand environment is essential to enable increased delivery at scale across the sector.”
