Barratt's profits up

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Thursday, January 17, 2013
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Hull Daily Mail

PROPERTY: Barratt Developments is expecting to see a sharp rise in profits.

The property developer said profits for the six months to December 31 would be about £45m, more than double last year.

Barratt has seen an increase in its operating margin and a 5.3 per cent rise in completed private houses.

The company, which has 25 divisions across Britain, employs more than 4,000 people and is one of the UK's biggest house builders.

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