March 25, 2020 / 2:14 PM / 11 days ago

Barratt Developments scraps interim dividend, suspends financial outlook

A Barratt homes sign is seen at a Barratt housing development near Haywards Heath, Britain, February 20, 2020. REUTERS/Peter Nicholls

(Reuters) - Barratt Developments (BDEV.L) on Wednesday decided to scrap its interim dividend and suspend financial guidance as it assesses the impact of the coronavirus pandemic.

Britain’s biggest housebuilder said it expects a significant impact on construction output and reservations due to an increase in cancellations and a decline in site visits. [nRSY5909Ha]

Reporting by Samantha Machado in Bengaluru; Editing by Arun Koyyur

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below