Barratt Redrow Shares Dive 9% On Profit Warning, Completions Miss
1. Barratt Redrow shares dropped 9.4% after profit warnings and missed completions. 2. The company expects £248 million in legacy property liabilities post-Redrow acquisition. 3. Home completions fell to 16,565, below market expectations of 16,800-17,200. 4. Barratt maintains a target of 22,000 home completions amid cautious demand. 5. Analysts see mixed trends, with softening demand and high build costs affecting growth.