OverviewSuggest Edit

Redrow Homes is one of the UK's leading housebuilders, comprising ten divisions and operating across much of England and Wales. By understanding the aspirations of customers and using excellence in design, Redrow has built on historic product strengths and launched The New Heritage Collection. Inspired by the Arts and Crafts movement, The New Heritage Collection has brought Redrow back to its core values and is destined to restore the company's proud reputation as a home builder of quality and integrity, responding to customer demands for attractive, spacious and stylish family properties. The company carefully selects locations and design-and-build developments that match the demands and aspirations of today’s lifestyles. Wherever possible, local experienced tradesmen and local quality materials are used. The company is prepared to take a longer-term view of land through an experienced forward land team. Redrow distinguishes itself from its competitors by being a responsible developer - caring about customers and employees, as well as looking after the environment and local communities. Redrow’s strong, experienced and successful leadership team, together with its flat management structure, foster a coherent approach to implementing strategy and delivering results demanded by customers, shareholders and stakeholders. Career development is encouraged through training and personal development; and apprenticeship and graduate programmes attract new talent into the house-building industry.
TypePublic
Founded1974
HQEwloe, GB
Websiteredrow.co.uk
Employee Ratings3.6

Latest Updates

Employees (est.) (Jun 2019)2,304
Job Openings47
Revenue (FY, 2019)£2.1 B(+10%)
Share Price (Sept 2021)£7
Cybersecurity ratingCMore

Redrow Office Locations

Redrow has an office in Ewloe
Ewloe, GB (HQ)
St David's Park
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Redrow Financials and Metrics

Redrow Revenue

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Redrow's revenue was reported to be £2.11 b in FY, 2019
GBP

Revenue (FY, 2019)

2.1b

Gross profit (FY, 2019)

504.0m

Gross profit margin (FY, 2019), %

23.9%

Net income (FY, 2019)

329.0m

EBIT (FY, 2019)

411.0m

Market capitalization (15-Sept-2021)

2.5b

Closing stock price (15-Sept-2021)

7.0

Cash (30-Jun-2019)

204.0m

EV

2.3b
Redrow's current market capitalization is £2.5 b.
GBPFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.4b1.7b1.9b2.1b

Revenue growth, %

20%20%16%

Cost of goods sold

1.0b1.3b1.5b1.6b

Gross profit

334.0m405.0m469.0m504.0m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

13.3m14.2m7.5m1.9m8.1m1.0m6.2m1.2m23.7m24.5m12.2m127.1m17.5m21.9m32.0m37.4m39.0m55.0m56.0m135.0m62.0m90.0m204.0m

Accounts Receivable

946.0k1.3m3.7m1.1m1.6m1.9m2.0m5.3m5.4m5.3m6.7m17.8m8.1m8.9m2.9m27.2m21.2m18.4m21.0m16.0m11.0m10.0m8.0m28.0m

Inventories

183.8m229.1m274.7m306.1m361.6m417.1m496.8m579.0m713.4m783.5m849.6m988.7m755.9m583.6m539.7m562.7m708.2m895.5m1.2b1.5b1.9b2.0b2.2b2.3b

Current Assets

199.6m248.2m282.4m317.8m377.4m432.0m507.4m596.2m726.2m820.1m899.8m1.0b932.8m618.9m576.1m634.3m774.2m960.4m1.3b1.6b2.1b2.1b2.4b2.5b
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

18.8m25.4m35.2m41.4m50.4m53.1m60.8m74.3m86.9m98.7m84.1m84.4m(138.0m)(100.4m)500.0k13.5m30.2m53.1m103.0m162.0m200.0m253.0m308.0m

Cash From Operating Activities

19.6m15.3m6.2m31.2m16.8m45.6m104.6m59.6m24.5m99.5m4.9m18.6m20.8m7.4m40.2m(31.3m)(21.2m)(78.5m)(82.0m)33.0m78.0m125.0m198.0m

Dividends Paid

7.3m8.1m9.1m10.1m11.1m8.7m9.6m11.9m14.3m17.2m18.4m26.3m27.3m7.0m15.0m30.0m44.0m74.0m

Cash From Financing Activities

(73.0k)482.0k59.0k(3.8m)692.0k(4.6m)(69.7m)54.7m9.9m(2.3m)8.3m13.0m140.8m(125.1m)(22.9m)32.5m22.7m59.7m67.0m(42.0m)34.0m(200.0m)(171.0m)
GBPFY, 1996

Financial Leverage

1.4 x
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Redrow Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

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Redrow Online and Social Media Presence

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Redrow News and Updates

Redrow reinstates dividend as revenue climbs towards pre-Covid levels

Revenue at housebuilder Redrow has begun climbing towards pre-pandemic levels, as it touts a record order book and reinstates a The post Redrow reinstates dividend as revenue climbs towards pre-Covid levels appeared first on CityAM.

Housebuilder Redrow takes £35m hit on pulling out of London market

Redrow’s profit sank 66 per cent in the last financial year due to the “profound impact” of the coronavirus pandemic, The post Housebuilder Redrow takes £35m hit on pulling out of London market appeared first on CityAM.

Coronavirus: Redrow secures £300m facility through BoE's emergency scheme

Housebuilder Redrow has secured a £300m lending facility under the Bank of England’s emergency coronavirus financing scheme. The developer, which The post Coronavirus: Redrow secures £300m facility through BoE's emergency scheme appeared first on CityAM.

U.K. builder Redrow says it can issue £300 million of commercial paper using Bank of England facility

U.K. homebuilder Redrow said it has been confirmed as an eligible issuer for the Bank of England's Covid Corporate Financing Facility with an issuer limit under the facility of £300 million, which is currently undrawn. Negotiations for the additional £100 million of headroom under the group's exist…

Redrow suffers shareholder revolt over chairman role and executive pay

Housebuilder Redrow suffered a shareholder revolt at its annual general meeting today as around a third of investors voted against [...] The post Redrow suffers shareholder revolt over chairman role and executive pay appeared first on CityAM.

Redrow reports record results but warns over end of Help to Buy

Redrow reported the sixth consecutive year of record figures this morning after the housebuilder secured a 13 per cent boost [...] The post Redrow reports record results but warns over end of Help to Buy appeared first on CityAM.
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Redrow Frequently Asked Questions

  • When was Redrow founded?

    Redrow was founded in 1974.

  • How many employees does Redrow have?

    Redrow has 2,304 employees.

  • What is Redrow revenue?

    Latest Redrow annual revenue is £2.1 b.

  • What is Redrow revenue per employee?

    Latest Redrow revenue per employee is £916.7 k.

  • Who are Redrow competitors?

    Competitors of Redrow include Taylor Wimpey, Lxb Retail Properties and James Halstead.

  • Where is Redrow headquarters?

    Redrow headquarters is located at St David's Park, Ewloe.

  • Where are Redrow offices?

    Redrow has an office in Ewloe.

  • How many offices does Redrow have?

    Redrow has 1 office.