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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Redrow record strong first half to financial year with revenues over £1bn

Flintshire-headquartered housebuilder, Redrow, has reported a relatively strong first half of its financial year with revenues just over £1bn.

The company has posted its revenue- six months to 2 January 2022 - of £1.05bn, a rise of £11m on the first half of 2021.

Pre-tax profits were also up from the previous first half by £29m, which the group said was achieved with an operating margin of 19.5% similar margins expected for the full year.

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