Barratt Developments

company

Barratt Developments is one of the largest house building companies in the United Kingdom. It started in Newcastle upon Tyne in 1958. It is now based in Coalville, Leicestershire. It has been listed on the London Stock Exchange since 1968, and is in the FTSE 100 Index.

Barratt Developments plc
Company typePublic limited company
LSEBDEV
FTSE 100 Component
IndustryHousebuilding
Founded1958; 66 years ago (1958)
HeadquartersCoalville, England, UK
Key people
Caroline Silver (Chairwoman)
David Thomas (CEO)[1]
RevenueIncrease £5,267.9 million (2022)[2]
Decrease £646.6 million (2022)[2]
Decrease £515.2 million (2022)[2]
Number of employees
6,564 (2022)[2]
Websitewww.barrattdevelopments.co.uk

In February 2024 it agreed a deal for £2.5 billion to buy rival Redrow. The combined group would be renamed Barratt Redrow and would build roughly 22,000 homes a year. It would be the biggest house building company in the country.[3]

References

change
  1. "Housebuilder CEO gets £890,000 pay rise as Help to Buy boom continues". Yahoo. 17 September 2019. Retrieved 2 August 2021.
  2. 2.0 2.1 2.2 2.3 "Annual Report 2022" (PDF). Barratt Developments. Retrieved 13 February 2023.
  3. "Barratt to buy rival Redrow for £2.5bn". www.ft.com. Retrieved 2024-02-07.