LONDON, Sept 10 (Reuters) - Barratt Developments PLC:
* Profit before tax pre exceptional costs decreased by 13.0% to £392.3M
(2007:
£451.0M(3)).
* Completions for the full year were 18,588 (2007: 17,168),
* Average selling price increased by 6.0% to £183,100
* Forward sales at 30 June 2008 were £697.6M (2007: £1,413.8M).
* £538.7M of the £697.6M forward sales were contracted as compared to
£865.9M
contracted in the prior year, a decline of 37.8%
* No final dividend for 2007/8 will be paid
* Little prospect for any material improvement in trading conditions until
mortgage finance and customer confidence return.
* Have successfully refinanced our business.
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