India, July 15 -- Barratt Redrow PLC (BTDPY) Tuesday said it expects full-year adjusted profit before tax and Redrow purchase price allocation (PPA) adjustments to be 582.6 million pounds, in line with market expectations.
Total home completions decreased 7.8% year-over-year to 16,565. "Our adjusted profits are in line with market expectations, despite home completions being slightly below our guided range, mainly due to the impact of fewer international and investor completions than expected in our London businesses. We are already seeing tangible benefits from the Redrow acquisition, with cost synergies being delivered ahead of schedule, a new divisional structure in place and revenue synergies progressing well," said David Thomas, Chief...