Davy Research

Barratt Developments plc

Solid H1; volume guidance reiterated
Construction and Housebuilding
Barratt Developments plc

DAVY VIEW

Barratt has seen a good H1, according to today’s statement. Sales rates are in line with last year, similar to some peers. Volume growth is on track to meet full year guidance, and we see little change to estimates on the back of today’s announcement.

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  • RATINGS AND PRICE CORRECT AT TIME OF ISSUE


  • Barratt Developments plc

    Closing Price: 63420p

  • RATING 24/03/14

  • PREVIOUS RATING 10/09/13

    Outperform

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