Executive Summary
Founded in 1958, Barratt is Britain's largest housebuilder. The Company has sold over 300,000 new homes around the country and are leaders in design, urban regeneration, social housing and innovation. The Company has a network of more than 30- housebuilding divisions strategically located throughout the UK. The Company produce around 21,000 homes every year and employ 6,900 people. It operates under under two strong national brands for house building – Barratt Homes and David Wilson Homes. It also has a strong regional brand – Ward Homes - operating in Kent and the South East. To meet housing demand in towns, cities and rural areas, the Company builds for all kinds of buyers, from first-time buyer apartments to family townhouses to luxury penthouses, plus homes for rent and shared ownership.
In the six months to December 2007, sales rose by 38.4% to £1,652.8m (2006: £1,194.4m) and EBITDA was £496m (up from £414m).
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