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
Show all (12)

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 (24-Jul-2017)

2.1 b

Closing share price (24-Jul-2017)

5.9

Cash (30-Jun-2016)

135 m
Redrow's current market capitalization is £2.1 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%

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

Total Liabilities

606 m795 m1 b

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

Traffic Overview of Redrow

Redrow Online and Social Media Presence

Redrow News and Updates

Top 10 investor urges Bovis Homes to move in with Redrow, not Galliford Try

Bovis Homes has been urged to ditch Galliford Try merger talks for fellow rival Redrow by one of its top 10 investors. The suggestion by Royal London Asset Management, which owns a 3.5 per cent stake in Bovis, came as it emerged that Redrow is considering a revised offer. Read more: This is wh…

This is what analysts think about the Bovis-Redrow-Galliford love triangle

Bovis Homes’ share price leapt this morning after it emerged over the weekend that it is involved in a love triangle with rivals Galliford Try and Redrow. Bovis yesterday confirmed it was in merger talks with Galliford Try and had rejected a bid from Redrow. However, Redrow this morning indicated…

Bovis Homes confirms merger talks with Galliford Try after Redrow rejection

Bovis Homes is in £2.5bn merger talks with fellow housebuilder Galliford Try after rejecting a bid from Redrow. FTSE 250-listed Galliford Try said the tie-up would create “a new major housebuilder with national scale and geographic coverage through the combination of the sixth and eighth largest …

Lost, the £4,000 we invested in a new-build Redrow home

We paid for upgrades before exchanging contracts, but had to pull out when our buyers let us downWe reserved a new-build, off-plan, home at a local Redrow development at West Malling in Kent earlier this year, after accepting an offer on our house.Unfortunately, a couple of weeks ago, our buyer pull…

Redrow share price boosted by share buyback announcement

Housebuilder Redrow's share price was boosted three per cent in morning trading after the company said it would be initiating a share buyback programme. The FTSE 250 company recently posted record profits, but said fluctuations in the company's share price meant it would be aiming to buy back 10 …
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Redrow Company Life and Culture

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