Barratt Developments PLC Trading Statement Call Transcript
Hello, and welcome to Barratt Developments plc Trading Update Conference Call. My name is Suzanne, and I will be your coordinator for today's event. Please note this call is being recorded. (Operator Instructions) I will now hand over to your host, David Thomas, CEO, to begin today's conference. Thank you.
Thank you, and good morning, everyone. I'm joined this morning by Steven and Mike and of course, John Messenger. Whilst it's only 5 weeks since we last spoke, clearly, we would all recognize that a lot has changed in this period. So we decided that we would hold a call this morning with the trading update.
We have continued to see strong levels of customer interest across the country, and this is evidenced in leads per active site. However, potential buyers have proved reluctant to move forward with a purchase commitment. As a result, our net private reservation rate per outlet per week was 0.55 in the period, 35% below the 0.85 rate in the same period for FY '22 and
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
