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
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Q2 2023 Barratt Developments P L C Trading Statement Call Transcript

Jan 11, 2023 / 08:00AM GMT
Release Date Price: $5.24
Operator

Good day, and welcome to the Barratt Developments Half Year Ended 31st of December 2022 Trading Update Call. Please note, this call is being recorded. (Operator Instructions) I will now hand you over to David Thomas, CEO. Please go ahead.

David Fraser Thomas
Barratt Developments plc - Group CEO & Executive Director

Thank you, and good morning, everyone. Happy New Year to you all, and thank you for joining us. Steven and Mike are both with me this morning. So just to start in terms of our operational performance, I think you can see that it's been very strong. We've delivered both our new reservations and also our opening forward order book from the start of FY'23.

And this is clearly through the amazing efforts of our site teams, our subcontractors and our supply chain partners against what's been a very challenging backdrop. And this has helped us to deliver a near 7% increase in total home completions at 8,626. The political and economic uncertainty in the first quarter of our financial year was clearly compounded by the rapid and material

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