An increase in legal completions and a better - than - anticipated uptick in average selling prices have ensured a strong year - to - date return from Redrow , according to a company statement . Redrow added that given the “strong year-to-date performance” it is confident that the group is on track to deliver full-year pretax profits of at least £306mln, an increase of 22% compared to the previous financial year. The firm is confident that it will see full - year pretax profits of at least £ 306 m ( $ 382 m ) , an increase of 22 % compared to the previous financial year . This positive forecast comes as it seeks to further encourage United Homes shareholders to reconsider a merger with the company .
An increase in legal completions and a better - than - anticipated uptick in average selling prices have ensured a strong year - to - date return from Redrow , according to a company statement . The firm is confident that it will see full - year pretax profits of at least £ 306 m ( $ 382 m ) , an increase of 22 % compared to the previous financial year . This positive forecast comes as it seeks to further encourage United Homes shareholders to reconsider a merger with the company .