Barratt Redrow plc Overview
Pro stress-test →Barratt Redrow plc is the UK's leading housebuilder engaged in the residential housebuilding business and commercial development business including offices, retail, leisure, industrial, and distribution properties under the Wilson Bowden Developments brand. The company offers homes under the Barratt Homes, David Wilson Homes, Redrow, and Barratt London brands.
Strategic Profile
Pro stress-test →The UK's largest homebuilder is completing the integration with Redrow following last year's acquisition, confirming £97 million in synergies to date, while maintaining a solid balance sheet with £173.9 million in net cash. The company maintains a strong land bank standing at 5.6 years of supply with 58,544 plots with detailed planning consent and a total of 94,221 plots overall.
Competitive Landscape
Pro stress-test →Barratt Redrow is an FTSE 100 listed UK home builder offering complementary brands including Barratt, David Wilson and Redrow. Major competitors in the UK housebuilding sector include Taylor Wimpey, Persimmon, and Bellway, all competing for market share in a subdued housing market characterized by affordability constraints and planning restrictions.
Industry Context
Barratt Redrow plc operates in Residential Housebuilding & Commercial Real Estate Development.
Key facts
Founded: 1953 · Headquarters: Coalville, UK · Employees: N/A · Revenue: N/A · Market cap: £5.5B