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  1. #1
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    Default Barratt's release figures


    Here you go lads,for any of you who have worked on these sites and had your prices slashed......

    Financial Highlights:

    • Operating margin increased to 9.5% in the second half and to 8.2% for the full year, up from 6.6% in the prior full year
    • Group revenues rose by 14.1% to 2.32 billion, with completions of 12,637 units (2011: 11,078)
    • Average selling prices increased to 180,500 (2011: 178,300) with private average selling prices increasing by 1.5% to 201,800 (2011: 198,900)
    • Profit before tax and exceptional items increased by 159.3% to 110.7 million (2011: 42.7 million)
    • Net debt at 30 June 2012 almost halved to 167.7 million
    • No dividend to be paid for the full year until 30th June 2012


    DEBT ALMOST HALVED AND 159% INCREASE IN PROFIT FROM LAST YEARS FIGURE.......

  2. #2
    Season ticket holder amestaper's Avatar
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    167M in debt, and no shareholder dividends so I wouldn't expect rates to get better soon. I did a few Barratt sites for a painter in the 90's and they werent the worst I ever worked for.
    Your messages are really important to us
    ...but not important enough to employ a sufficient number of support staff to answer them.

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    Quote Originally Posted by amestaper View Post
    167M in debt, and no shareholder dividends so I wouldn't expect rates to get better soon. I did a few Barratt sites for a painter in the 90's and they werent the worst I ever worked for.
    I don't expect the rates to get better soon mate,BUT i do expect people like ourselves to be aware of the profits of the companies,even in a so called "stagnant" time,to increase profit.Our prices were cut so that THEY could still make a profit and i,taking a pay cut,could still bring home a wage.They are now making a profit,and the forecast for most builders will increase production,thus allowing us to get our original prices back.........Right before you start laughing,i know that ain't going to happen,as they will hold on for dear life,to create as much profit as they can......But it shows the worm might be allowed to turn in the near future,,,

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    Season ticket holder amestaper's Avatar
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    I hear ye and appreciate you posting their highlights.
    Your messages are really important to us
    ...but not important enough to employ a sufficient number of support staff to answer them.

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    Quote Originally Posted by amestaper View Post
    I hear ye and appreciate you posting their highlights.
    Firm I'm working for have increased taping prices by 7% so that's a good start


    Edit - Just realised the post before mine was made about a year ago

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    Member turktown taper's Avatar
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    I find the only way to make money these days is not to travel
    and put in an extra few hrs a week and cut a few corners
    Then dont matter who you work for you will earn
    When you get better rates you can do a better job !!!
    But if you let them take the piss out of you you got no chance !!
    I've heard of people working for 80 a day !!! Got to be minimum of 100 a day and that's daywork !!!
    Rise up and unite brothers !!!!!
    Other trades not takin a hit as bad as us !!!!!
    Rant over !!!

  7. The Following 2 Users Say Thank You to turktown taper For This Useful Post:

    amestaper (13-08-2013), E.K Taper (12-08-2013)

  8. #7
    VIP E.K Taper's Avatar
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    I have been on a Barratt site for the past 2 or 3 months and the money's crap. Tiny houses = less square metres = less wages

  9. #8
    VIP E.K Taper's Avatar
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    Quote Originally Posted by Kenya get over this View Post
    Firm I'm working for have increased taping prices by 7% so that's a good start


    Edit - Just realised the post before mine was made about a year ago
    Glad to hear someone's on the up!
    Sod travelling to Kenya for work though.........

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    Yeah traffic can be quite bad around 5 o clock on the way back to the UK

  11. The Following User Says Thank You to Kenya get over this For This Useful Post:

    E.K Taper (12-08-2013)

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