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Barratt End Year With Increased Profit

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Barratt, Britain’s third largest house builder struck an upbeat tone to the property market. Pre-tax profit increased 10.2 per cent to £194.6m for the last six months of 2007. During the year the group completed more than 17,000 homes and 145,000 sq ft of commercial property. Completions were 14.8 per cent less than in 2006. The average selling price was £178,000, an increase of 7.9 per cent, when compared to £165,000 last year.

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Date Added

03/08/2008
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Uncategorized.

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First Time Buyer Group_add

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Attribution Non-commercial

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