Barratt Redrow PLC (OTCPK:BTDPF)
$ 5.72 0 (0%) Market Cap: 7.65 Bil Enterprise Value: 6.83 Bil PE Ratio: 36.45 PB Ratio: 0.75 GF Score: 87/100

Half Year 2020 Barratt Developments PLC Earnings Call Transcript

Feb 05, 2020 / 08:30AM GMT
Release Date Price: $9.58
David Fraser Thomas
Barratt Developments PLC - Group Chief Executive & Executive Director

Just letting everyone settle. Good morning all. It's great to see you all here. I know that some of you have got a busy morning as one of the other housebuilders, Redrow, are announcing this morning.

But if I could just start off, I mean, I'm going to give an overview of our performance and then give an update on our progress in relation to our operational targets. And Steven and Jessica will then talk you through initially our operational and then our financial performance. And I'll then review the market fundamentals, talk about our business and the sustainable business that we're building. And finally, I'll look at current trading and outlook.

If we just look at the key highlights, I mean, I'm very pleased to say that our team have delivered another very strong operational and financial performance in the first half of the year. We've delivered a significant increase in our first half completions. And clearly, part of this is delivering a better balance between the first and the second half

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