Redrow Has Set Pretty Stretching Targets, CEO Says

The video discusses the strong recovery of shares post-Brexit, the company's strategic growth, and the impact of the Help to Buy scheme on the housing market. It addresses labor costs, skills shortages, and the transition from leasehold to freehold properties. The video also examines the effects of exchange rates on business operations, particularly in London, and the impact on material costs.

What was the company's strategy to enhance its growth over the past year?

• Cutting down on workforce

• Increasing dividend payments and setting ambitious targets

• Reducing dividend payments

• Focusing solely on international markets

What is the proposed change to the Help to Buy scheme after 2021?

• Increase the percentage to 25%

• Maintain the current percentage

• Gradually reduce the percentage from 20% to 15%

• Eliminate the scheme entirely

What is one of the main challenges the company is facing due to Brexit?

• Increased competition from EU companies

• Loss of skilled EU workers

• Decreased demand for housing

• Higher taxes on exports

How is the company addressing the skill shortage in the UK?

• Implementing training programs for 15% of the workforce

• Increasing automation

• Outsourcing jobs to other countries

• Hiring more temporary workers

What is the company's approach to the transition from leasehold to freehold?

• No changes planned

• Gradual transition with slight price increases

• Immediate switch with no price changes

• Complete halt on leasehold sales

What impact have exchange rates had on the company's material costs?

• No impact at all

• Minimal impact, mainly on timber prices

• Significant increase in all material costs

• Decrease in material costs

How has the demand from overseas buyers in London been affected by exchange rates?

• Demand has increased due to favorable exchange rates

• Demand has remained stable

• Demand has been unpredictable

• Demand has decreased significantly