Barratt profit to exceed expectations

By Carl Brown2022-07-14T10:04:00

Source: Shutterstock

Housebuilder says completions return to pre-pandemic levels but build inflation now running at 9-10%

The country’s largest housebuilder has said its full-year adjusted pre-tax profit will be slightly above market expectations.

Barratt, in a trading update today ahead of its full-year results in September, said its adjusted pre-tax profit is likely to be between £1.05bn and £1.06bn, ahead of analyst expectations of 1.048bn.

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