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Barratt Developments PLC highlight strong financial and operational performance for the full year in their annual results announcement

Barratt Developments PLC today announced their Annual Results for the year ended June 2018.

Barratt Developments PLC  highlight a strong financial and operational performance for the full year.

Commenting on the results David Thomas, Chief Executive of Barratt Developments PLC said:

 “The Group has had another outstanding year delivering a strong operational and financial performance, and our highest volumes in a decade. As the UK’s largest housebuilder we are helping to address the country’s housing shortage – creating jobs and supporting economic growth whilst continuing to lead the industry in quality and customer service.

 “Our continued focus on operating efficiencies and margin initiatives is starting to deliver and we have today announced new medium term operational targets reflecting our confidence in the business going forward.

 “The Group starts the new financial year in a good position with a strong balance sheet, healthy forward sales and robust consumer demand supported by a positive mortgage environment.”

Read the Barratt Developments PLC  Annual Results announcement 5th September 2018 in full click here.

Allen Walkey

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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