Barratt Redrow plc (BDEV) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, good morning everyone. I think we're ready to start. So first of all, as usual, I'm joined by Mike Roberts, our Chief Operating Officer. And Mike is going to cover our operational performance. Also, John Messinger, our Investor Relations Director. And John will update you with regard to our financial performance. And then I'll update you in terms of the market. current trading and synergies and just set out how i feel that we're we're well positioned for the future many of you will be aware that dean banks our incoming chief executive has joined us this morning and also rebecca napier are CFO and Rebecca started with us at the beginning of August, so welcome to Dean and Rebecca. So I think first of all I'd just like to take you through some of our key messages. The market conditions have clearly been challenging. I think we've all seen that play out, particularly since the end of February. Barrett Redrow has delivered a very solid performance over the year both operationally and financially I think that performance reflects the strength of our brands but it also reflects our strategy and the sheer hard work and determination of our teams and our supply chain The customer is understandably subdued, so we've made tactical decisions to drive sales and proactively manage our cost base so that overall performance has been in line with expectations. The early signs from our Redrow dual and triple branded sites are encouraging, reinforcing our conviction regarding the multi branded approach. and our balance sheet remains robust facilitating an enhanced capital return which I will talk about shortly. Our focus is now on disciplined execution to deliver the potential we've created through the combination with Redrow and navigate the market as it evolves in FY27. Here are ...