Q3 2023 Barratt Developments P L C Trading Statement Call Transcript
Good day, and welcome to Barratt Developments' May Trading Updates Conference Call. Please note, this call is being recorded. (Operator Instructions) I will now hand you over to David Thomas, CEO. Please go ahead.
Thank you, and good morning, everyone. Thanks very much for joining us. So as usual, I have Steven and Mike with me.
Just before I begin, I'd just like to take a moment to thank all of our employees, also our subcontractors and our suppliers for their commitment and determination in delivering what's been a very good performance through this period. Back in February, we outlined that the net private reservation rate from the 1st of January to the 29th of January has bounced back to 0.49 per active outlet from 0.3 in the final quarter of 2022. So clearly, that was a strong recovery.
I'm very pleased to report today that over the subsequent 12 weeks of trading through to the 23rd of April, activity has improved again with the net private reservation
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