Barratt Redrow delivers home completions at upper end of guidance, plans £400m shareholder return

Britain’s largest homebuilder, Barratt Redrow, has delivered annual home completions at the upper end of its expectations, beating market forecasts and unveiling a £400m shareholder payback plan for next year. The company reported total completions of 17,667 units for the year ended 28 June, slightly ahead of analyst predictions and the top of its guidance range — a rare bright spot in a sector buffeted by rising costs and geopolitical turmoil. For fiscal 2027, Barratt Redrow expects to deliver between 17,700 and 18,200 homes, signalling cautious confidence. The builder’s outlook is tempered, however, by cost inflation of 3% to 4% in the current financial year, driven by surging energy prices linked to the Iran war and a slowdown in activity across the wider construction industry. In response, the company announced plans to return £400m ($536.36m) to shareholders in fiscal 2027, a move that will test investor appetite for Britain’s housing market amid the broader economic headwinds.