Alan Green joins the Podcast as we run through the numbers of FTSE 100 companies updating investors after the Christmas trading period.
- Sainsbury’s (LON:SBRY)
- Barratt Developments (LON:BDEV)
- Blencowe Resources (LON:BRES)
- Deltic Energy (LON:DELT)
Sainsbury’s has a record Christmas with like-for-like sales excluding fuel rising 5.9%. However, the pressure from discounter such as Lidl and Aldi continue to be a thorn in the side of their market.
Barratt Developments shares suffered dearly in 2022 as markets priced in lower UK housing prices. We run through their update and question whether a 6-9% reduction in average UK house prices is priced into the FTSE 100’s housebuilders.
We conclude with a look at Blencowe Resources and Deltic Energy.
Listen- https://ukinvestormagazine.co.uk/sainsburys-barratt-developments-and-deltic-energy-with-alan-green/