Barratt Redrow guidance cut seen pressuring operating margins
Analyst Quilter Cheviot says Barratt Redrow’s lower volume outlook could cascade to the income statement, pressuring operating margins and earnings per share expectations.
Barratt Redrow's cut to sales guidance will likely feed through the income statement and add further pressure to operating margins and earnings per share expectations, Quilter Cheviot analyst Oli Creasey said in a note. The home builder said the lower volume outlook was due to planning del…