Year of \"strategic progress\" for Redrow as tough market hits margins

Sept. 12, 2006
Redrow’s profits during the year have been hit by tougher market conditions, falling by 13% to £120.5 million according to its preliminary results for the year to June 30. But the group has boosted it dividend per share by 20% and increased its landbank underlying its "strong position for growth." Chief executive Neil Fitzsimmons said: "Most housebuilders results’ this season …

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