Edition:
United Kingdom

Barratt Developments PLC (BDEV.L)

BDEV.L on London Stock Exchange

561.60GBp
14 Jun 2019
Change (% chg)

-6.80 (-1.20%)
Prev Close
568.40
Open
568.20
Day's High
571.60
Day's Low
560.20
Volume
5,186,436
Avg. Vol
3,778,293
52-wk High
628.07
52-wk Low
430.00

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Thu, May 9 2019

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Barratt bucks trend with improved profit forecast

Barratt Developments Plc bucked a trend of weak updates from UK housebuilders on Thursday, saying its margins were improving and annual profits would now be slightly above its previous expectations.

UPDATE 2-Barratt bucks trend with improved profit forecast

* YTD forward sales rise 2.4 pct (Adds details from call, analyst comment, shares)

UPDATE 1-Barratt sees annual results modestly ahead of prior view

May 9 Britain's biggest housebuilder Barratt Developments Plc said on Thursday it expected results for the current financial year to be modestly above previous expectations, suggesting it was riding out Brexit-generated tensions in the housing market.

Barratt sees annual performance modestly above prior view

May 9 Britain's biggest housebuilder Barratt Developments Plc said on Thursday its outlook for the year was modestly above prior expectations and reported higher forward sales so far this year.

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