Barratt Developments PLC reports trading since beggining of year has been strong across the country

May 10, 2018

Barratt Developments PLC states in their  trading update issued today that trading is strong and the outlook for the full year remains in line with the Board’s expectations.

The market fundamentals remain supportive, with the Group delivering a strong performance across the business since the start of the calendar year driven by robust customer demand for our high quality new homes and the wide availability of mortgage finance, according to Barratt Developments PLC trading update.

David Thomas, Chief Executive commented:

 “Trading since the beginning of the year has been strong across the country driven by good customer demand for our high quality new homes and an attractive lending environment. We have a healthy forward order book and a robust balance sheet.

 “We are proud to have been awarded five stars for customer satisfaction for the ninth consecutive year, reflecting our commitment to industry-leading quality and customer service. We will celebrate our 60th anniversary next week, and as the UK’s largest housebuilder we continue to focus on growing our housing output, creating jobs and supporting economic growth across the country.”

Read the Trading Statement released today 10th May 2018 in full click here.

 

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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