Barratt’s reservations remain subdued

Sept. 6, 2023
Barratt’s completions fell 3.9% during its full year, with adjusted pre-tax profit decreasing 16.2%. The volume housebuilder noted its “resilience,” but with difficult market conditions continuing, the volume housebuilder expects total completions to be between 13,250 and 14,250 next year, significantly down on the 17,206 achieved during the year ending June 30 2023. The firm’s net private reservation rate for …

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