Barratt reports plunge in profits – but Redrow deal could make it stronger
December 7, 2025
- Forward sales sank
- High price-to-earnings ratio
The news that Barratt Developments (BDEV) is to buy its rival Redrow (RDW) overshadows the 81 per cent nosedive in pre-tax profit in its results for the six months to the end of last year.
The two things are likely to be connected. With the housebuilding market in a slump due to high interest rates, it makes sense for Barratt and Redrow, which also posted a plunge in profit over the same period, to bundle their resources together.
“Baby, it’s cold outside, let’s huddle with Redrow”.