Redrow plc reported interim management statement for the period from January 1, 2013 to April 19, 2013. The group operated from an average of 82 outlets in the period, a 14% rise on last year (2012: 72), which was the main driver behind a 20% rise in net private reservations to 1,009 (2012: 843). The average selling price of private reservations for the Group was up 12%, at £235,000 for the regional business (2012: £207,000) and £483,000 for London (2012: £432,000). The value of private net reservations for the period was up 33% at £251 million and the average selling price of private legal completions was £225,000 for the financial year to date. Overall, the housing market continues to be stable and as a result of the improving mortgage market the cancellation rate has reduced to 15% (2012: 17%).

Redrow plc Presents at DbAccess UK Housebuilders Day, May-16-2013 02:30 PM. Venue: Deutsche Bank, 1 Great Winchester Street, London EC2N 2DB, United Kingdom. Speakers: John F. Tutte, Group Managing Director and Executive Director.

Redrow plc announced that they will report nine months, 2013 interim management statement on Apr 24, 2013