India, July 15 -- Barratt Redrow plc (BTDPF) on Wednesday said adjusted profit before tax for fiscal 2026 is expected to be in line with market expectations. The housebuilder also announced a new share buyback programme of up to £386 million.
The company-compiled consensus forecast for full-year adjusted pre-tax profit is £559.5 million, with estimates ranging from £537 million to £576 million.
Total home completions, including joint ventures, rose 5% to 17,667 homes, from 16,826 a year earlier, exceeding the company-compiled consensus range of 16,998 to 17,587 homes.
Average selling prices increased to about £352,000 from £344,200 a year ago, while private average selling prices rose 3.8% to around £39...