Morgan signs off at Redrow with record first half

Steve Morgan

Housebuilder Redrow has posted record revenue and profit for the first half of its financial year, during which it completed its 100,000th home.

In the six months to the end of December, the group produced a 9% rise in revenue to £970m, and a pre-tax profit of £185m, 5% up year-on-year.

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