Investing.com -- Barratt Redrow (LON: RDW ) reported stable trading in the third quarter, with private sales per outlet per week rising 2% year-on-year to 0.62, slightly ahead of the January figure. Including bulk deals, which tend to be uneven, the overall sales rate slipped 3% to 0.63.

The U.K. property developer operated from 419 outlets during the period, consistent with its full-year plan, and expects to launch 19 additional sites in the final quarter, with more to follow into 2026.

Forward sales, including joint ventures, stood at £3.14 billion at the end of March, marginally below last year’s level.

The company is currently 93% forward sold for the financial year and maintained guidance for full-year completions between 16,800 and 17,200 units, supported by strong spring demand and a solid orderbook.

"The group continues to expect to build cost inflation to remain broadly flat and we expect no changes to consensus on the back of today’s update," Barclays analysts said.

Barratt Redrow ended the quarter with a net cash balance of £508 million and reiterated its full-year 2025 net cash target of £500–600 million.

"Against a backdrop of the huge market turmoil being seen at a global level, a rather dull trading statement is probably actually good," analysts at Jefferies commented.

"While only slightly improving selling rates might fail to excite and the lower affordable sales continues to constrain order book progression, growth in the value of the private order book and evidence of house price inflation in the order book should reassure of the robustness of customer demand," they added.

Looking ahead to fiscal 2026 (FY26), the company expects build cost inflation to remain modest at 1–2%, citing procurement-driven savings that are likely to outpace sector-wide inflation pressures.

Meanwhile, the integration of Barratt and Redrow is nearing completion, the company said, highlighting progress on both cost and revenue synergies. The company reaffirmed its £100 million synergy target, having already closed five of nine planned divisional offices.

Planning applications have also been submitted for nine new sites tied to revenue synergies, and the group remains on track to open 45 new sales outlets by the end of FY-2028.