The highlights of which were:

* First half completions were 9,056 (2006: 7,206), up by 25.7%. As a result, Group turnover, rose by 38.4% to £1,652.8m (2006: £1,194.4m). On a like-for-like, however, basis, completions were down 14.8%.
* The average selling price was £178,000 (2006: £165,000), an increase of 7.9% primarily reflecting the change in mix arising from the acquisition of Wilson Bowden. On a like-for-like* basis, although private and social average selling prices were up 0.6% and 5.3% respectively, the increased proportion of social completions led to a small overall decline of 0.8%.
* Profit before tax and restructuring costs increased by 14.3% to £201.8m from £176.6m (restated). Profit before tax increased by 10.2% to £194.6m from £176.6m (restated).
 
* Forward sales at 31 December 2007 were £1,263m (2006: £1,030m) 22.6% up on last year’s statutory numbers and down only 5.5% on a like-for-like basis. As at 17 February 2008 forward sales had increased to £1,615m, around 7% below last year.

Mark Clare, group chief executive of Barratt Developments commented: "Trading conditions over the last six months have been difficult and the business has had to adjust to this new environment. Against that backdrop, we have traded satisfactorily whilst successfully completing the integration of Wilson Bowden."