Barratt profits drop as forward sales rocket

Sept. 27, 2006
Barratt has generated more than £1 billion worth of forward sales this year, a new record for the company, securing it 56% of its full year requirement. The £1.14 billion in forward sales is an increase of 27% on this time last year. Barratt’s average selling price dropped from £172,200 to £165,800 due to its increase in social housing completions …

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