Edition:
India

Barratt Developments PLC (BDEV.L)

BDEV.L on London Stock Exchange

603.40GBp
22 Jan 2018
Change (% chg)

-11.80 (-1.92%)
Prev Close
615.20
Open
615.00
Day's High
616.20
Day's Low
600.80
Volume
4,955,190
Avg. Vol
6,007,298
52-wk High
705.50
52-wk Low
466.90

Latest Key Developments (Source: Significant Developments)

Barratt says will reassess future land, build programmes after Brexit
Wednesday, 13 Jul 2016 

Barratt Developments Ceo Thomas Tells Reuters Post : Referendum market conditions that more likely on balance that market will slow down than speed up .Barratt developments ceo says will look at future land commitments, our build programmes and the extent we should slow down build programmes.  Full Article

Barratt Development confident on outlook in 'strong' market
Wednesday, 11 May 2016 

Barratt Developments Plc : Strong market conditions - confident on outlook . Sales rate of 0.75 (2015: 0.74) net private reservations per active outlet per week . Total forward sales (including joint ventures ('jvs')) up by 9.7% as at 8 may 2016, to £2,844.0m (10 may 2015: £2,592.3m) . Excellent land opportunities available and we expect to approve between 21,000-23,000 plots in current financial year . Remain on track to deliver expected improvement in performance for full year . Current expectation remains to deliver attractive future cash returns of £678m over two years to november 2017 .Continue to target minimum gross margin of 20% and minimum roce of 25% by fy17.  Full Article

BRIEF-British builder Barratt Signs JV With Swindon Borough Council

* BARRATT - HAS ENTERED INTO A 50:50 JOINT VENTURE WITH SWINDON BOROUGH COUNCIL TO DEVELOP APPROXIMATELY 250 HECTARES AT WICHELSTOWE, SOUTH OF SWINDON