Barratt Developments Full Year 2016 Results

Barratt Developments presents its full year 2016 results for the period ended 30 June 2016, reporting total completions of 17,319 units, an operating margin of 15.8%, and profit before tax of £682.3m. The company demonstrated strong financial performance with a ROCE of 27.1% and net cash of £592.0m, underpinned by disciplined volume growth and a fast asset turn model.