Annual Report and Accounts 2011

Chairman's statement

Redrow has demonstrated that despite the challenging conditions we have been able to grow the business substantially.

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Our strategy

Our aim is to be the premium brand in the sector, by delivering a high quality product to our customers and growing returns for our shareholders.

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Financial Highlights for 2011

Revenue
£452.7m +£55.8m
Operating Profit
£31.2m +£18.5m
Profit before tax
£25.3m +£24.6m
Adjusted earnings per share
6.0p +5.8p
Net assets
£458.6m +£22.7m
Return on capital employed
6.1% +3.5%

* excludes deferred tax rate change impact

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