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Redrow Plc Releases A Corporate Update

1 min read | March 27, 2020 11:55 AM GMT | By Team Kalkine Media
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  • The company has reduced its workforce on sites to target construction operations that are due for completion over the coming weeks
  • The supply chain has been severely impacted in recent days
  • The company has announced a closure of all of its sites and offices.
  • The company intends to reopen sites as and when possible and restart production with an initial focus on executing orders that stand at £1.4bn of which £0.9bn is contracted
  • On 27th March 2020, at the time of writing, GMT 09:23 AM, RDW shares were trading at GBX 374, down by 28 points or 6.96% against the previous day closing price.

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