What is P ?

[2kforexxhallenge]

Hi, newbie question, if I look at a stock, for example Barratt Dev I see in Financials 'Pre-Tax Profit' = 79.43m, I assume m = millions. However, when I look at 'Net Debt' it says 502.9p. I'm struggling to find out what 'p' means. Can someone please clarify. Thanks

 

[Kaldir]

It could be "profit" or "pound", or "point". I think the last one.

 

[MonkeyMike]

Hi, newbie question, if I look at a stock, for example Barratt Dev I see in Financials 'Pre-Tax Profit' = 79.43m, I assume m = millions. However, when I look at 'Net Debt' it says 502.9p. I'm struggling to find out what 'p' means. Can someone please clarify. Thanks

P - Points I think.