HOUSEBUILDER OF THE YEAR

摘要

Last financial year, Barratt increased profitability by 74%, achieved its year-end zero-net-debt target two years early and introduced a dividend after a five-year hiatus. The firm attributes this to a "radical transformation in performance" driven by operational improvements in every aspect of its business. Among other things, the company laid out an ambitious plan to increase production to 16,000 units by 2016 - a 40% increase over four years - and committed over £lbn to land investment - an 80% increase. Barratt also continued to pursue its "quality and innovation agenda", with achievements including introducing the Building for Life 12 standard on new sites and successfully building homes to level 4 of the Code for Sustainable Homes without the use of renewables.