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.
Company Growth (employees)
Type
Public
HQ
Ewloe, GB
Founded
1974
Size (employees)
1,866 (est)+3%
Redrow was founded in 1974 and is headquartered in Ewloe, GB

Redrow Office Locations

Redrow has offices in Ewloe, London, Exeter, Bedford and in 8 other locations
Ewloe, GB (HQ)
Redrow House, St Davids Park

Redrow Data and Metrics

Redrow Financial Metrics

Redrow's revenue was reported to be £1.4 b in FY, 2016 which is a 20% increase from the previous period.
GBP

Revenue (FY, 2016)

1.4 b

Revenue growth (FY, 2015 - FY, 2016), %

20%

Gross profit (FY, 2016)

334 m

Gross profit margin (FY, 2016), %

24%

Net income (FY, 2016)

200 m

Market capitalization (23-Jun-2017)

2 b

Closing share price (23-Jun-2017)

5.5

Cash (30-Jun-2016)

135 m
Redrow's current market capitalization is £2 b.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

604.8 m864 m1.2 b1.4 b

Revenue growth, %

43%33%20%

Cost of goods sold

491.2 m676 m876 m1 b

Gross profit

113.6 m188 m274 m334 m

Gross profit Margin, %

19%22%24%24%

Operating expense total

41.9 m50 m61 m73 m

Pre tax profit

133 m204 m250 m

Net Income

103 m162 m200 m
GBPFY, 2014FY, 2015FY, 2016

Cash

55 m56 m135 m

Accounts Receivable

21 m16 m11 m

Current Assets

1.3 b1.6 b2 b

PP&E

45 m47 m65 m

Goodwill

2 m2 m2 m

Total Assets

1.3 b1.6 b2 b

Accounts Payable

54 m221 m286 m

Current Liabilities

247 m550 m634 m

Retained Earnings

96 m147 m170 m

Total Equity

696 m849 m1 b

Financial Leverage

1.9 x1.9 x2 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(82 m)33 m78 m

Cash From Financing Activities

67 m(42 m)34 m

Income Taxes Paid

(30 m)(42 m)(50 m)
GBPY, 2016

Revenue/Employee

760.2 k

Financial Leverage

2 x

Redrow Market Value History

Redrow Online and Social Media Presence

Redrow News and Updates

Redrow Company Life and Culture

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