Barratts Developments PLC delivers another year of strong performance

Barratt Developments PLC today announced Annual Results  for the year ended 30 June 2017 in which they state: ‘Another year of strong performance.’

Barratt Developments PLC the UK’s largest housebuilder state in the highlights section of the announcement that they delivered highest completion volumes in nine years.

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

“This has been another excellent year for the Group. We have delivered a strong operational and financial performance and our highest completion volumes for nine years. We are committed to increasing the supply of new homes as the UK’s largest housebuilder and we remain industry leading in terms of quality and customer service.

 “The Group starts the new financial year in a good position with a strong balance sheet, healthy forward sales and we continue to see robust consumer demand supported by a positive mortgage environment. We are focused on driving further operational improvements through the business with a particular focus on margin improvement.”

Read the announcement 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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