Barratt Developments PLC FY23 Rev GBP5.32B

By Joe Hoppe Barratt Developments' pretax profit rose together with revenue as house prices increased and it was affected by fewer adjusting items, and...

Barratt Developments' pretax profit rose together with revenue as house prices increased and it was affected by fewer adjusting items, and backed its guidance for lower completions in fiscal 2024.

Adjusted pretax profit slipped to GBP884.3 million, from GBP1.05 billion. It said in July it expected to meet market expectations of around GBP880.6 million.

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