Added to YB: 2026-05-25
Pitch date: 2026-05-22
BTRW.L [neutral]
Barratt Redrow plc
Author Info
No bio for this author
Company Info
Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company is also involved in the commercial development business, which includes offices, retail, leisure, industrial, and distribution properties under the Wilson Bowden Developments brand; and land development activities.
Market Cap
GBP 3.6B
Pitch Price
N/A
Price Target
N/A
Dividend
6.91%
EV/EBITDA
5.84
P/E
17.22
EV/Sales
0.58
Sector
Household Durables
Category
turnaround
UK Housebuilders - One year on - Barratt Redrow (BTRW) — Scale, But Not Yet Rewarded
BTRW.L (update): UK's largest housebuilder post-Barratt-Redrow merger. H1 2026 rev £2.63bn (+15%), net income £102.6M (+41%), margin 3.9% (up from 3.2% but still thin). 6.4% div yield vs 5.2% sector avg, but payout >100% earnings/FCF (unsustainable). New CEO Dean Banks replacing David Thomas. Integration ongoing; analysts trimmed PTs, downgraded to Add from Buy. Scale yet to deliver, recovery unproven.
Read full article (1 min)