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Barratt Developments PLC (BDEV.L)

BDEV.L on London Stock Exchange

524.60GBp
18 Jul 2018
Change (% chg)

4.80 (+0.92%)
Prev Close
519.80
Open
524.20
Day's High
528.80
Day's Low
522.40
Volume
3,895,231
Avg. Vol
4,159,095
52-wk High
705.50
52-wk Low
479.10

Latest Key Developments (Source: Significant Developments)

Barratt Developments Sees FY Pretax Profit Of About £835m
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Barratt Developments PLC ::HAVE SEEN BETTER THAN EXPECTED YEAR END TRADING IN CENTRAL LONDON.SALES RATE FOR FY18 WAS 0.72 (2017: 0.72) NET PRIVATE RESERVATIONS PER ACTIVE OUTLET PER WEEK IN FULL YEAR AND 0.77 (2017: 0.76).BARRATT - "MARKET CONDITIONS REMAIN SUPPORTIVE, WITH ATTRACTIVE MORTGAGE FINANCING AVAILABLE AND STRONG CONSUMER DEMAND FOR OUR HOMES ACROSS COUNTRY".SAYS 17,579 TOTAL COMPLETIONS IN FY (INCLUDING JVS) (2017: 17,395).FY PROFIT BEFORE TAX EXPECTED TO BE AROUND £835M (2017: £765.1M).TOTAL ASP ON COMPLETIONS IN YEAR INCREASED BY ABOUT. 5.0% TO C. £289K (2017: £275.2K).TOTAL FORWARD SALES AS AT 30 JUNE 2018 AT A VALUE OF £2,175.7M (30 JUNE 2017: £2,144.4M).  Full Article

Barratt Developments says FY Outlook In Line With Board's Expectations
Thursday, 10 May 2018 

May 10 (Reuters) - Barratt Developments PLC ::BARRATT DEVELOPMENTS PLC - TRADING IS STRONG AND OUTLOOK FOR FULL YEAR REMAINS IN LINE WITH BOARD'S EXPECTATIONS.BARRATT DEVELOPMENTS PLC - FOR PERIOD FROM 1 JANUARY TO 6 MAY 2018 SALES RATE IN LINE WITH PRIOR YEAR AT 0.80.BARRATT DEVELOPMENTS PLC - TOTAL FORWARD SALES (INCLUDING JVS) AT RECORD LEVELS, UP 2.5% AS AT 6 MAY 2018, TO £3,286.7M.BARRATT DEVELOPMENTS PLC - EXPECT TO APPROVE PURCHASE OF MORE THAN 20,000 (FY17: 18,497) PLOTS FOR FULL YEAR TO HELP SUPPORT FUTURE VOLUME GROWTH.BARRATT DEVELOPMENTS PLC - NET PRIVATE RESERVATIONS PER AVERAGE WEEK WERE 302 (2017: 299) FOR PERIOD FROM 1 JANUARY TO 6 MAY 2018.  Full Article

PRESS DIGEST- British Business - July 12

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.