Sainsbury’s, Barratt Developments, and Deltic Energy with Alan Green

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.

Hosted on Acast. See acast.com/privacy for more information.