In the comparison of the company’s recent performance to that of its closest competitor, Taylor Wimpey Plc it is noted that thou it generates more revenue than this competitor it posted lower profits due to huge expenditure arising from a huge debt repayment. Under the third section of the report, the strategies of market penetration and development are presented as the reasoned strategies for the future economic success of the company. 1.0 Introduction The historical background of the modern housing sector in the United Kingdom indicate that initially the sector was dominated by the government and private companies, which constructed houses for their workers but there was very little participation of private specialized construction companies. However, this changed with the increased pressure to adopt the neo-liberalization economic practices that encouraged privatization of most public corporations and led to the emergence of specialized construction companies, which revolutionized the housing sector and resulted in the development of unique, well-designed, and constructed houses and business premises (Lowe, 2011). This report focuses on the Barratt Development PLC, which is among the largest residential property development companies in the United Kingdom. It has been in operation since 1958 and is largely acclaimed with the development of the UK residential property sector (Lowe, 2011). This study will commence by looking into the economic environment in which the Barratt Development PLC operates. Secondly, it will critically appraise the company’s financial performance in the recent years whilst comparing it to its closest competitor. Lastly, the study will incorporate an economic model and provide related information as appropriate in order to devise reasoned strategies for the future economic success Barratt Development Plc. 2.0 Economic environment in which Barratt Developments PLC operates Among the crucial economic factors that can indicate the health of the UK economic environment in which Barratt Developments PLC operates in include interest rates and the prevailing income levels (Myers, 2013). This discussion will also incorporate an analysis of the impact of government policies on the housing sector and their impact on the operations of Barratt Developments Plc. 2.1 Interest rates In the studies conducted by Myers (2013), he stated that the interest rate levels within a country largely determine the accessibility of credit and in this case the accessibility of mortgage. The rate of interest at which borrowers are going to repay back their mortgage largely determines the booms and busts on the UK’s house prices. If the rate of interest charged on mortgage finance is considerably high, first time homebuyers will be discouraged and this will lead to a bust in the housing prices due to the low demand. If the level of interest rate is perceived to be at an affordable rate then first time homebu
A Company Report on Barratt Development Plc (Institution’s Name) 3rd January 2014 Table of Contents 1.0 Introduction 4 2.0 Economic environment in which Barratt Developments PLC operates 4 2.1 Interest rates 5 2.2 Income levels 7 2.3 Government policies 7 2.3.1 Help to Buy Scheme 8 3.0 Analysis of Barratt Developments PLC financial performance 8 4.0 Strategy for Barratt Development Plc future economic success 10 4.1 The Ansoff economic model 11 4.2 Strategic options for Barratt Development Plc future economic success 12 Appendices 14 Executive Summary The company report begins with an analysis of the economic environment in which Barratt Development operates and in this r…
The company is, basically, an autonomous power venture. Its main business activities are the exploration, development, and mining of natural gas and oil deposits. The company carries out most of these activities in the West African region. To date, the conglomerate owns a variety of different portfolios.
The data contained within the financial statements can be used to perform quantitative analyses such as ratio analysis. Ratio analysis is a very useful tool to assess the financial performance of an enterprise. This tool can be used to compare the internal performance of a company as well as to compare its performance with the competition.
Profitability is all about analyzing whether the business making money and earning a satisfactory return on its investment or not. The following ratios would help us better understand the profitability of the WPP PLC. Profitability is the one area where, without exception, the higher the ratios the better.
This section deals with building and maintenance of new and existing customers. Both fragrance and flavor will be promoted separately. In addition, each section of the produce of the chemicals will produce
Barratt has helped the population in the UK to meet the demand for perfect houses in cities, rural and towns (Barratt Developments Plc., 2015b).
The vision of Barratt Development Plc is to lead in the house building industry by concentrating on
fter its parent company split to form two affiliates, where one, Lonrho Africa plc, was tasked to handle the African continent business of mining, while the other company was left to deal with the non-African business. The company deals with the mining business, where its
The author provides the vertically integrated business model as one of the only four “mine to market” primary PGMS producers. He states that the revenue generated from Lonmin Plc’s distinct business segments in America, Europe, Asia and South Africa are decreasing over five years because of the group’s manufacture inefficiency.
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