<p><span>Barratt has continued to see its sales recover with the business on track for predicted full year completions but still a drop against 2022. Its construction activity has also slowed to reflect trading. </span><span></span></p> <p>During the period from January 1 to April 23 2023, the volume housebuilder said its net private reservations per active outlet per average week were 0.65, decreasing 30.1% on the “exceptionally strong” equivalent period last year. </p><p>In January, reservations “bounced back” from the low of 0.30 in Q4 2022 to 0.49 (2022: 0.90). In the subsequent 12 weeks they rose to 0.71 (2022: 0.94).<br/></p> <p><span>Barratt is fully sold for its full year (ending June 30 2023), with total forward sales as of April 23 at £2,956.5 million, a 34.4% drop on 2022. </span></p> <p><span>It said it was on track to deliver between 16,500 and 17,000 homes for its full year; in February it stated it would achieve within this range if reservation activity continued to improve. In FY 2022, it completed 17,908 homes.</span></p> <p><span>It also expects full year adjusted pre-tax profit to be in line with market expectations, at around £876.8 million.</span></p> <p><span>During the reported period, the firm delivered </span>3,194 total home completions<span> against the previous …
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