Barratt Redrow on track for full year as sales rate improves

Barratt Redrow PLC (LSE:BTRW) said it remains on track to meet full-year expectations after a solid third quarter, supported by slightly stronger cash and sales than reported in its interim results. The housebuilder reported a net private reservation rate of 0.64 per outlet per week, up from 0.62 a year earlier and 0.55 in the first half.