BRIEF-UK housebuilder Barratt says H1 pretax profit doubles

Wed Jan 16, 2013 2:04am EST

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Jan 16 (Reuters) - Barratt Developments PLC : * Group revenues of c. £950M, in line with prior year * Total completions of 5,085 units * Group operating profit expected to be c. £80M for the period, up by c. 31% on

the prior year * Profit before tax expected to be c. £45M, more than double the prior year * Market conditions remained stable during the period * Acquisition of two new major sites in central London with a gross development

value of £400M

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