Barratt set to post £700m+ profit
Barratt Developments, the Coalville-based housebuilding giant, says it is on target to post full-year profits of pver £700m.
In a trading update to the London Stock Exchange this morning (May 10), Barratt announced that it's 2017 profits before tax would be "at the top of the range of current analyst estimates", which was £675m-£733m as at 5 May.
The firm also said that it expected to be around 17,350 for the year, the highest number of completions in nine years, and that total forward sales were at record levels - up by 12.7... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
