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United Kingdom

Berkeley Group Holdings PLC (BKGH.L)

BKGH.L on London Stock Exchange

3,769.00GBp
11:46am BST
Change (% chg)

-38.00 (-1.00%)
Prev Close
3,807.00
Open
3,780.00
Day's High
3,808.00
Day's Low
3,751.00
Volume
147,585
Avg. Vol
400,746
52-wk High
3,993.97
52-wk Low
3,170.00

Latest Key Developments (Source: Significant Developments)

Berkeley Group Holdings Posts FY Pre-Tax Profit Of 775.2 Mln Stg
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Berkeley Group Holdings PLC ::FINAL RESULTS.FY 3,698 HOMES DELIVERED.£775.2 MILLION OF PRE-TAX PROFIT (2018: £977.0 MILLION), AT TOP END OF MARKET EXPECTATIONS, REFLECTING RESILIENT TRADING IN YEAR.PRE-TAX PROFIT FOR 2019/20 IS EXPECTED TO FALL BY AROUND A THIRD FROM 2018/19, WITH PRE-TAX ROE EXPECTED TO SETTLE AT AROUND 15% THEREAFTER.FY AVERAGE SELLING PRICE OF £748,000 (2018: £725,000.BERKELEY GROUP HOLDINGS PLC - REVENUE OF £2,957.4 MILLION IN YEAR (2018: £2,840.9 MILLION).  Full Article

Berkeley Says House Prices "Robust" In London, South-East For 4-Month Period
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Berkeley Group Holdings Plc ::TRADING STATEMENT.IN FIRST 4 MONTHS MARKET CONDITIONS IN LONDON AND SOUTH EAST HAVE REMAINED CONSISTENT WITH THOSE REPORTED WITH FULL YEAR RESULTS IN JUNE.IN 1 MAY 2018 TO 31 AUG PRICING REMAINED ROBUST AS THERE IS DEMAND FOR GOOD QUALITY, WELL LOCATED HOMES.HAS ACQUIRED FIVE NEW SITES IN 1 MAY 2018 TO 31 AUGUST 2018 PERIOD.ANTICIPATES THAT NET CASH AT HALF YEAR WILL BE ABOVE YEAR-END POSITION OF 687.3 MILLION POUNDS .LONDON REMAINS CONSTRAINED BY HIGH TRANSACTION COSTS, RESTRICTIVE INCOME MULTIPLE LIMITS ON MORTGAGE BORROWING ACCENTUATED BY BREXIT.REAFFIRM ITS GUIDANCE TO DELIVER AT LEAST 3.375 BILLION POUNDS OF PRE-TAX PROFITS FOR FIVE YEAR PERIOD FROM 1 MAY 2016 TO 30 APRIL 2021.SEES AT LEAST 1.575 BILLION POUNDS PRE-TAX PROFIT TO BE DELIVERED IN TWO YEARS ENDING 30 APRIL 2019.  Full Article

UK builder Berkeley's half-year profits rise 36 pct ​
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Berkeley Group Holdings Plc ::‍. 2,117 HOMES DELIVERED - INCLUDES MORE THAN 10% OF LONDON'S NEW PRIVATE AND AFFORDABLE HOMES​.‍£300 MILLION OF SUBSIDIES PROVIDED TO DELIVER AFFORDABLE HOUSING AND COMMITTED TO WIDER COMMUNITY AND INFRASTRUCTURE BENEFITS IN PERIOD​.‍£533.3 MILLION OF PRE-TAX PROFIT, UP 35.8% FROM £392.7 MILLION​.‍TODAY'S STRONG RESULTS REFLECT BERKELEY'S DISCIPLINED EXECUTION OF ITS UNIQUE OPERATING MODEL WHICH PLACES PRODUCT QUALITY AND FINANCIAL STRENGTH AT ITS HEART, ALLOWING FOR INVESTMENT AT RIGHT TIME IN CYCLE.​.‍WHILE POLITICAL CONTEXT FOR HOUSEBUILDING IS TURBULENT, WHERE THERE IS STABILITY, POTENTIAL FOR GROWTH AND DELIVERY REMAINS STRONG.​.‍BERKELEY ITSELF REMAINS WELL PLACED TO DELIVER OUR CURRENT PLAN, CREATING EXCEPTIONAL VALUE FOR OUR CUSTOMERS, SHAREHOLDERS AND SOCIETY.​.‍IT IS CRUCIAL THAT NEW HOUSING POLICIES SUPPORT LONDON MARKET, NOT LEAST BECAUSE CAPITAL IS SO IMPORTANT TO PROSPERITY THROUGHOUT REST OF COUNTRY​.‍WE WELCOME FOCUS ON HOUSING IN LAST MONTH'S BUDGET; PARTICULARLY HELP FOR SMALL DEVELOPERS AND MEASURES TO GET MORE LAND INTO DEVELOPMENT.​.‍£1.5 BILLION PRE-TAX PROFIT TO BE DELIVERED IN TWO YEARS ENDING 30 APRIL 2019​.‍FIVE YEAR PRE-TAX PROFIT GUIDANCE STARTING 1 MAY 2016 UPDATED TO £3.3 BILLION FROM £3.0 BILLION​.  Full Article

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FTSE 100 drops as healthcare giants overshadow Fed-driven rally

London's main index skidded for the sixth straight session on Thursday as investors sold off healthcare stocks after Washington withdrew a rebate rule aimed at lowering drug prices, and a Fed-fuelled rally fizzled out.