September 4, 2018 / 6:25 AM / 16 days ago

Housebuilder Redrow says demand "robust" despite Brexit, profit jumps

Sept 4 (Reuters) - British housebuilder Redrow said on Tuesday demand for new homes was proving “robust” in the face of Britain’s planned exit from the European Union, after it posted better-than-expected 21 percent growth in full-year pre-tax profit.

Redrow, which constructs homes in England and Wales, said pre-tax profit rose to 380 million pounds ($488.34 million) in the year ended June, from 315 million pounds a year earlier.

$1 = 0.7781 pounds Reporting by Noor Zainab Hussain in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below