Housebuilder Redrow had a record year, with revenue up 20% at £1.66bn, pretax profit 26% higher at £315m and completions up 15% at 5,416.
Chief executive John Tutte described the results as exceptional and said they were achieved against an uncertain political and economic backdrop due to Brexit, and an ongoing requirement to manage an industry-wide shortage of skills.
The company upgraded guidance for the period to 2020, but said growth would moderate over time.
Click here for the full Daily Telegraph article
