Finance

Redrow rakes in £1bn in first half of FY

By 2021-02-10T08:30:00

Indicative street scene Redrow community CGI

Redrow has posted £1bn in revenue for the first half of its financial year as the stamp duty holiday and the end of the last few months of the current help-to-buy scheme led to increased demand from home buyers.

Revenue grew 20% to £1.04bn in the six months to end-December 2020, while sales completions rose by a fifth to 3,065 units.

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