Barratt reveals rise in first half profit as it returns more cash to investors

Barratt homes

Barratt Developments revealed a further extension to its capital return programme as it reported a rise in first-half profit and revenue after completing its highest number of homes in 12 years.

During the six months to the end of December, pre-tax profit increased 3.7% to £423m, off the back of a 6.3% rise in revenue to £2.27bn.

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