Redrow to lean on landbank to protect margins

Nov. 10, 2005
Redrow chairman Robert Jones has outlined the firm’s plans to protect margins in 2006 as slower market conditions are expected to continue. Speaking at the plc’s AGM, Jones said: “The market has remained competitive with incentives continuing to be widely promoted within the industry and Redrow has maintained its focus on the protection of margin to maximise the value derived …

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