Annual financial statement
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RNS Number : 9047U Barratt Redrow PLC 16 September 2026 16 September 2026 Barratt Redrow BARRATT REDROW plc 52 - week results for the period ended 28 June 2026 Solid performance ; positioned to grow Commenting on the full year results , David Thomas , Chief Executive of Barratt Redrow plc , said : " In a tough market , we have driven a strong operational and financial performance , delivering 17,667 homes , ahead of last year , and adjusted profit before tax in line with market expectations . Alongside the delivery of planned synergies , the successful integration of Redrow has created a more efficient and agile business . Looking ahead , whilst the wider economic backdrop remains uncertain , we are focused on maximising the strength of our three differentiated brands , maintaining our disciplined approach to costs and capital allocation , and continuing to deliver for customers , communities and , as evidenced by the capital return announced in July , we have a clear commitment to delivering for our shareholders . " It has been an enormous privilege to lead Barratt Redrow over the past decade . I would like to thank our talented and dedicated colleagues across the business whose hard work , commitment and professionalism have helped build the successful and resilient company we are today . I wish them every success for the future . " Barratt Redrow plc¹ FY26 £ m ( unless otherwise stated ) FY25 aggregated A , 1 Change ( % ) FY25 reported R , 1 Total completions ( homes ) 17,667 16,826 5.0 % 16,565 Revenue 6,055.0 5,679.4 6.6 % 5,578.3 Adjusted gross profit before the impact of PPA 926.6 989.0 ( 6.3 % ) 970.3 adjustments Adjusted gross profit margin before the impact of 15.3 % 17.4 % ( 210 bps ) 17.4 % PPA adjustments ( % ) Statutory gross profit 820.5 803.5 2.1 % 784.8 Statutory gross profit margin ( % ) 13.6 14.1 ( 50 bps ) 14.1 Adjusted operating profit before the impact of PPA 598.1 594.4 0.6 % 595.4 adjustments Adjusted operating profit margin before the impact 9.9 % 10.5 % ( 60 bps ) 10.7 % of PPA adjustments ( % ) Statutory operating profit 444.3 256.8 285.5 Statutory operating profit margin ( % ) 7.3 % 4.5 % 5.1 % Adjusted profit before tax and the impact of PPA 572.8 616.5 ( 7.1 % ) 617.2 adjustments Statutory profit before tax 363.5 245.3 48.2 % 273.7 Adjusted earnings per share before the impact of 28.5 32.1 PPA adjustments ( pence ) Basic earnings per share ( pence ) 17.1 13.6 Net cash 772.8 772.6 ROCE ( % ) before the impact of PPA adjustments 9.2 % 10.7 % ROCE ( % ) 8.4 % 9.0 % Tangible assets per share ( pence ) 439.8 436.8 Share buyback 100.0 50.0 Financial highlights