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United Kingdom

Barratt Developments PLC (BDEV.L)

BDEV.L on London Stock Exchange

561.20GBp
4:35pm BST
Change (% chg)

-2.20 (-0.39%)
Prev Close
563.40
Open
562.40
Day's High
564.40
Day's Low
557.00
Volume
2,135,647
Avg. Vol
3,679,533
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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