Barratt Developments PLC (the ‘Group’) is today issuing a trading update for the period from 1 July 2023 to 8 October 2023 (the ‘period’). All comparatives are to the equivalent trading period1 (‘FY23’) unless otherwise stated.

David Thomas, Chief Executive commented:

"We have continued to trade in line with the expectations set out in our announcement in September. The trading environment remains difficult, with potential homebuyers still facing mortgage challenges. Against this backdrop, we are focused on driving revenue whilst continuing to manage build activity and carefully control our cost base. As always, we remain focused on leading the industry in building high quality, energy efficient and sustainable homes for our customers."