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Housing Today
Trusted media brand of the Chartered Institute of Housing
Turnover and profit up at Barratt Redrow in first post-merger results
But building defects push up total provision to £1.4bn, casting shadow on strong performance
Barratt Redrow has recorded increased revenue and profit in its first results since merging, but provisions also rose after the discovery of new building defects.
The pair completed their £2.5bn merger last October after securing clearance from the Competition and Markets Authority.
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