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United Kingdom

Redrow PLC (RDW.L)

RDW.L on London Stock Exchange

539.00GBp
4:51pm BST
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-7.00 (-1.28%)
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Tue, Sep 4 2018

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Housebuilder Redrow says demand robust despite Brexit, profit jumps

Demand for new homes in Britain remains robust despite uncertainty over the country's departure from the European Union, housebuilder Redrow said on Tuesday, as it beat full-year profit forecasts.

UPDATE 2-Housebuilder Redrow says demand robust despite Brexit, profit jumps

* Says Help to Buy scheme should not be cancelled (Adds CEO comments, details)

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

Sept 4 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.

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