Barratt Redrow update disappoints
Housebuilder Barratt Redrow (BTRW) delivered a disappointing H1 trading update, sending its shares down 7% or more. ‘A resilient performance in a subdued market’ was not what investors wanted to hear at this point. Share price: 360p (-7.6%) PE: 15x Market cap: £5.1bn Yield: 4.25% Flat reservations For the six months to December, home completions … Continue reading Barratt Redrow update disappoints
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