Barratt Developments PLC

BDEV: XLON (GBR)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
GBX 324.00ZfwfJfjrsrjzz

Barratt Earnings: Demand Conditions Show Further Improvement in Early Fiscal 2025

Homebuyer demand has shown further improvement for no-moat Barratt Developments in early fiscal 2025. Its weekly private home sales rate rose to 0.58 home per active outlet, up 38% year on year. The progressive improvement in sale activity witnessed in 2024 and the recent spate of favorably trending housing market data speaks to our view that the UK housing market is in the midst of a cyclical revival. Barratt shares continue to screen attractively, with UK homebuyer appetite clearly rebounding from its housing cycle lows in 2023.

Sponsor Center