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.