Resilient demand underpins positive dividend surprise at Redrow
Housebuilder Redrow (RDW) has unveiled impressive half year results, delivering a new record for sales, pre-tax profit and its order book.
Sales have jumped 20% to £890m in the six months to 31 December, supported by a 14% increase in legal completions.
Demand appears to remain resilient despite concerns over stalling house price growth and a potential slowdown in transactions.
Annual ...