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Redrow

Current Price 691.00p Bid 686.00p Ask 690.50p Change -0.36%
Last Updated: 09/05/2024 08:55. Prices delayed by at least 15 minutes.
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Company Overview

Redrow plc is a United Kingdom-based company, which is focused on housebuilding activities. The Company has approximately 100 live developments throughout England and Wales. It has an integrated divisional network of 13 regional offices. The Company's principal subsidiary is Redrow Homes Limited. The principal activity of the Company's subsidiaries, including Redrow Homes Limited, Redrow Real Estate Limited, Redrow Regeneration plc, The Waterford Park Company Limited and The Waterford Park Company (Balmoral) Limited, is residential development. The principal activity of its subsidiary, Harrow Estates plc is land acquisition, development and resale.

Financial Highlights Year Ended 02/07/2023

Revenue
£2,127.00m
Operating Profit/Loss
£399.00m
Dividend yield (%)
6.80
Total dividend for year
n/ap
Dividend cover
3.04
P/E Ratio
4.80

Key Personnel

Mr Matthew Pratt
Chief Executive Officer
Mr Graham Cope
Company Secretary
MS Barbara Richmond
Group Finance Director
Mr Oliver Tant
Independent Non-Executive Director
Mr Richard Akers
Independent Non-Executive Director
Ms Geeta Nanda
Independent Non-Executive Director
Mr Nicky Dulieu
Non-Executive Director

Stock Details

EPIC
RDWL
ISIN
GB0007282386
Shares in Issue
369.80m
Market cap
£2,555.32m

Price Summary

Mid Price
691.00p
Bid Price
686.00p
Ask Price
690.50p
Volume
741
Change Today
-2.50p
% Change Today
-0.36%
Open
693.50p
Previous Close
693.50p
Intraday High
693.50p
Intraday Low
691.00p
52 Week High
694.25p
52 Week Low
427.40p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
02 Jul 2023
03 Jul 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
2,127.00
2,140.00
Operating Profit/Loss
399.00
250.00
Net Interest
-4.00
-4.00
Pre-Tax Profit
395.00
246.00
Profit After Tax from continuing operations
298.00
197.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
298.00
197.00
Attributable to:
Equity Holders of Parent Company
298.00
197.00
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
02 Jul 2023
03 Jul 2022
Basic
91.20p
57.70p
Diluted
90.90p
57.50p
Adjusted
91.20p
96.00p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
02 Jul 2023
03 Jul 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
32.00
25.00
Intangible Assets
1.00
1.00
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
6.00
40.00
Current Assets
Inventories
2,770.00
2,740.00
Trade & Other Receivables
42.00
76.00
Cash at Bank & In Hand
235.00
288.00
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
7.00
Other Assets
n/a
n/a
Total Assets
3,086.00
3,177.00

Liabilities

Year End Date
02 Jul 2023
03 Jul 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
195.00
216.00
Total Current Liabilities
195.00
216.00
Non-Current Liabilities
Borrowings
n/a
n/a
Provisions
107.00
97.00
Other Non-Current Liabilities
758.00
914.00
Total Non-Current Liabilities
865.00
1,011.00
Other Liabilities
n/a
n/a
Total Liabilities
1,060.00
1,227.00

Net Assets

Year End Date
02 Jul 2023
03 Jul 2022
 
£ (M)
£ (M)
Net Assets
2,026.00
1,950.00

Capital & Reserves

Year End Date
02 Jul 2023
03 Jul 2022
 
£ (M)
£ (M)
Share Capital
35.00
37.00
Share Premium Account
59.00
59.00
Other Reserves
10.00
8.00
Retained Earnings
1,922.00
1,846.00
Shareholders Funds
2,026.00
1,950.00
Minority Interests/Other Equity
n/a
n/a
Total Equity
2,026.00
1,950.00

Dividend History

Dividend Metrics

Year End Date
02 Jul 2023
03 Jul 2022
Dividend growth
-6.25%
30.61%
Dividend yield
6.80%
6.50%
Dividend cover
3.04
3.00


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