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Barratt Developments (BTDPY)
OTHER OTC:BTDPY
Earnings Data
Report Date
Sep 09, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.2Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call emphasised resilience: management delivered volume growth, confirmed almost all of the GBP 100m synergy target, showed strong brand and quality credentials, and retained a robust land bank and capital-return plan. Offsetting this were meaningful margin pressures (200bps gross margin decline, 90bps operating margin fall), a 13.6% drop in adjusted PBT and a H1 net cash outflow as working capital seasonal patterns and Part Exchange investment weighed on cash. Guidance remains intact (completions range and net cash target) and management sees clear levers to improve gross margin, but near-term headwinds from incentives, build-cost inflation and subdued consumer confidence temper the outlook.Company Guidance
Successful Redrow integration and confirmed synergies
Integration of Redrow near completion; virtually all of the GBP 100m annual cost synergy target confirmed, with >GBP 30m delivered in H1 and GBP 20m delivered in FY25; revenue (sales outlet) revenue-synergy program underway (31 planning applications submitted, 16 approvals).
Completions and volume delivery
Delivered 7,444 homes in H1, a 4.7% increase on the aggregated prior period; underlying private completions +1.8%; PRS completions up >50% to 423 homes; affordable completions +26%, representing 19.5% of wholly owned completions.
Revenue growth and average selling price improvement
Revenue grew 10.5% to GBP 2.6bn driven by higher completions and mix; wholly owned average selling price up 4.9%, with strongest ASP growth in Central and East regions.
Strong land bank and development pipeline
Owned and controlled land duration of 5.6 years at December; more than 27,500 strategic plots submitted to local planning authorities across 103 applications, supporting outlet growth without significant new land purchases.
Quality, customer service and brand credentials
All three brands rated 'excellent' on Trustpilot; 5-star HBF customer service rating for 16th consecutive year; 115 NHBC Pride in the Job awards and 45 Seals of Excellence—supporting brand strength and customer proposition.
Improved operating discipline and cost control
Adjusted administrative expenses reduced 5.4% to GBP 184.8m vs aggregated prior period; cost synergies delivered GBP 23.2m positive impact in the half and expected P&L benefit of a further GBP 50m in FY26.
Capital returns and balance sheet resilience
Interim dividend proposed 5p per share (2x cover for full year maintained); GBP 50m share buyback completed in H1 (GBP 100m program); net cash guidance of GBP 400–500m at year end after expected H2 inflow (~GBP 300m).
Part Exchange uptake and PRS recovery
Part Exchange usage in private reservations increased to 23% from 14%, introduced into Redrow and managed carefully (only 180 PX units unsold at period end); PRS completions increased >50% to 423 homes, with PRS strategy retained at selective pricing.
BTDPY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BTDPY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | $10.64 | $10.58 | -0.52% |
Sep 17, 2025 | $9.74 | $9.92 | +1.88% |
Feb 12, 2025 | $10.45 | $11.02 | +5.51% |
Sep 04, 2024 | $12.86 | $12.34 | -4.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Barratt Developments (BTDPY) report earnings?
Barratt Developments (BTDPY) is schdueled to report earning on Sep 09, 2026, TBA (Confirmed).
What is Barratt Developments (BTDPY) earnings time?
Barratt Developments (BTDPY) earnings time is at Sep 09, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BTDPY EPS forecast?
Currently, no data Available