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Barratt Developments scraps interim dividend, suspends financial outlook

A Barratt homes sign is seen at a Barratt housing development near Haywards Heath

(Reuters) - Barratt Developments <BDEV.L> on Wednesday decided to scrap its interim dividend and suspend financial guidance as it assesses the impact of the coronavirus pandemic.

Britain's biggest housebuilder said it expects a significant impact on construction output and reservations due to an increase in cancellations and a decline in site visits. [nRSY5909Ha]

(Reporting by Samantha Machado in Bengaluru; Editing by Arun Koyyur)