Barratt Redrow To Return £400 Mln To Shareholders In FY27
XHB•Management comments
Barratt Redrow said it proactively managed the business through a year of challenging market conditions and that these pressures are ongoing.
The company said it is focused on further enhancing its cost base efficiency, and that FY27 performance will continue to be influenced by the broader macroeconomic environment.
FY27 outlook and shareholder returns
- For FY27, the company anticipates minimal house price inflation and total build cost inflation could be around 3% to 4%.
- Barratt Redrow announced a £386 million share buyback programme to be completed by 2 July 2027.
- The company said it will return £400 million to shareholders in FY27 via the buyback programme.
- FY27 guidance is for total home completions of 17,700 to 18,200, including 600 JV.
- Barratt Redrow expects FY26 cost synergies of £53 million, with £73 million delivered cumulatively.
FY26 trading update and home completions
- Barratt Redrow PLC BTRW.L: FY26 July trading update
