- Barratt benefits from post-lockdown boom
- Cladding exposure leaves unanswered questions
IC TIP:
Hold
at
726p
It was hard to find much to fault with Barratt Developments' (BDEV) results as the housebuilder reaped the combined benefit from the tail end of the stamp duty holiday, better completion rates and a basic recovery in its margins. However, the market took the fall in private reservations of 12 per cent, a key lead indicator for future business, as a sign that next year might prove to be less memorable.