v AVAILABLE ON ALL DEVICES v 12th September 2024 • The HERALD • Page 71 ASK A PROFESSIONAL RETIRED CHARTERED ACCOUNTANT (FCA) • Immediately available to cover for business challenges • Wide commercial UK and international experience (including USA and Africa) • Hours available – flexible part time • Offering ad hoc or continuing daily/monthly/annual management, accounting and bookeeping requirements • Cover for Holiday, Maternity and Sick leave • Primarily remote working (Office accommodation and equipment NOT required) • Very reasonable hourly/daily/fixed rates to be agreed • Full CV available on request Phone: 07768 932469 Hampshire Housebuilder Delivers Strong Performance in a Challenging Market Barratt Developments in Hampshire has revealed a strong operational and nancial performance in its latest trading update. e housebuilder, which is bringing new homes to the county through its Barratt Homes and David Wilson Homes developments, has released its update for the year ending 30th June 2024 and, despite the continued economic and political uncertainty, has delivered a strong operational performance. Demand remains strong for the housebuilder’s new homes, with a net private reservation rate of 0.58 per active outlet per week, an increase of 5.5% on FY23. First-time buyer activity has stabilised and shown some recovery, accounting for 27% of FY24 private reservations, compared with 25% in FY23. Meanwhile, demand amongst existing homeowners remained resilient, at 16% of private reservations in the year, compared with 11% FY23. ese gures have given Barratt an adjusted pro t before tax that is anticipated to be slightly ahead of previous expectations. is re ects the continuing strong demand from buyers and Barratt’s commitment to building the high-quality, sustainable developments the country needs. Barratt is also well positioned for FY25, with total forward sales (including Joint Ventures) of 7,239 homes at a value of £1,912.3m. James Dunne, Managing Director at Barratt Developments Southampton Division, said: “While the political and economic climate remains challenging, we have delivered a strong operational performance, which reflects the exceptional work of our employees, sub-contractors and suppliers, and their commitment to delivering highquality homes that people want to live in.” Looking ahead, the housebuilder confirmed that its proposed combination with Redrow has received strong shareholder support and, subject to the CMA’s approval, the two businesses will be brought together to create and exceptional UK housebuilder, ensuring Barratt is well positioned for the future. In June this year, Barratt was awarded 89 Pride in the Job Awards for outstanding site management in the 2024 NHBC Awards. is is more than any other housebuilder for the 20th consecutive year. James added: “We are so proud of our site managers and of our unbroken 20-year record in winning these awards. The Pride in the Job Awards showcase what it takes to be a top site manager and embody our commitment to looking after our customers and building the highest-quality homes.” ese awards complemented the recognition of Barratt’s focus on quality and customer service by customers, who awarded Barratt the maximum 5-Star rating in the HBF customer satisfaction survey for the 15th successive year, a record which is unique amongst the major housebuilders. e housebuilder’s lead on innovation and sustainability continues to be recognised, with the Group maintaining its position in the CDP’s Global Climate Change A List for Leadership, one of fewer than 365 companies worldwide, underlining the Barratt’s position as the most highly rated UK national housebuilder. Barratt’s participation in the Energy House 2.0 project at Salford University attests to its commitment to build homes t for the future. Barratt and Saint-Gobain UK and Ireland are building ‘eHome2’, an innovative home that will test housebuilding techniques and products across a wide range of temperatures and weather conditions. Research ndings of this industry-leading project will in uence how homes are built around the world. Barratt Developments is building new homes across the region.
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