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Analyst views: How can Barratt build on yesterday’s trading update?
CHRIS MILLINGTON | NUMIS SECURITIES
We are expecting a much better six months ahead, with more points of sale and improved margins. Barratt isn’t massively out of step with other property firms.
LUCIAN COOK | SAVILLS
Barratt is right to be cautious, as we continue to see a lower transaction market. Its efforts with Hitachi to provide mortgages will help access more markets.
RACHAEL WARING | PANMURE GORDON
We are factoring in no volume growth in the next half, with improvement in profitability driven by continued improvement in net margins from new land.