Barratt has taken a nearly £18 million hit to remove cladding on buildings it had put up. (Daniel Leal-Olivas/PA)The boss of Barratt Developments has said his business is ready to weather potential challenges in 2020, as he presented a “strong” set of results in the first half of the year. It comes as Mr Thomas maintained the company’s outlook in line with expectations. “We have achieved a strong first half performance, delivering continued volume growth and making good progress against our medium term targets,” Mr Thomas said. “Approved inspectors signed off all of our buildings, including the cladding used, as compliant with the relevant building regulations during construction and on completion,” Mr Thomas said.

Source: Irish Independent February 05, 2020 09:11 UTC