Barratt Developments PLC (OTCPK:BTDPF)
$ 5.66 0 (0%) Market Cap: 6.07 Bil Enterprise Value: 5.12 Bil PE Ratio: 21.94 PB Ratio: 0.88 GF Score: 85/100

Full Year 2022 Barratt Developments P L C Earnings Call Transcript

Sep 07, 2022 / 07:30AM GMT
Release Date Price: $4.88
David Fraser Thomas
Barratt Developments plc - Group CEO & Executive Director

Okay, we'll make a start. Good morning, everyone, and welcome. It's really good to be here in person for the first time in 30 months. The only downside is, I'm not doing it in my pajamas, which is how I've done it for the last 2.5 years. So I'm going to start off with an overview of our performance, revisit our medium-term targets, and also look at our progress in the year. Steven will then take you through our operational performance, and Mike will cover our financial performance in FY '22. And I will then come back to look at industry fundamentals, sustainability, and finally, to look at current trading and outlook.

So if we move to Slide 3. As we've said before, given the strength of the sales market, our results have really been determined by our ability to build and it is clearly our really excellent built performance that has delivered total home completions up nearly 4% and back at pre-pandemic levels. Most importantly, we've delivered those volumes whilst maintaining our industry-leading position in terms

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