Costs, rebates and margins
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BRIEF: For the fiscal year ended 30 June 2014, Redrow plc revenues increased 43% to L864.5M. Net income increased 93% to L102.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Exceptional - Legal & Advisory fees decrease from L1.5M (expense) to L0K, Financial Income-Other interest receivab increase of 82% to L3.1M (income).
Unless there is flare up in violence we are unlikely to see stocks react. Mark Carney is right to be worried about the British property market — the ...