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Barratt Homes profits rise 40%


Almost a third of sales were made under the government’s help-to-buy programmeBarratt Homes predicted continuing demand for its houses as it announced soaring first-half profits, fuelled by a shortage of homes and the government’s help-to-buy scheme.Pre-tax profits at Britain’s biggest housebuilder rose 40% to £295m in the six months to the end of December as revenues rose 19% to £1.88bn. The dividend was increased by 25% to 6p a share. Continue reading…

Source : theguardian.com
Read more…Barratt Homes profits rise 40%

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