Redrow has forecast a successful year of growth after increasing its revenue by 23% to reach £739m ($921m) for the second half of 2016. The firm's pre-tax profits also increased 35% to £140m. The company completed 2,459 homes in the six month period, an increase of 13%. Redrow purchased East Midlands-based Radleigh Homes-builder house at the beginning of February 2017.
Redrow has forecast a successful year of growth after increasing its revenue by 23% to reach £739m ($921m) for the second half of 2016. The firm's pre-tax profits also increased 35% to £140m. The company completed 2,459 homes in the six month period, an increase of 13%. Redrow purchased East Midlands-based house-builder Radleigh Homes at the beginning of February 2017.