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Barratt looks to beat profit predictions

Barratt says it will beat profit expectations, after strong demand banished pandemic fears.

The housebuilder said profit before tax should top £107m.

It added that it has completed 17,243 homes over the past year, up 4,639 from the previous year’s tally.

Chief executive David Thomas said: “Whilst these are still uncertain times, we enter the new financial year in a strong position and remain focussed on our medium-term targets, including delivering 20,000 homes a year.”

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