Edition:
United Kingdom

Berkeley Group Holdings PLC (BKGH.L)

BKGH.L on London Stock Exchange

3,658.00GBp
14 Nov 2018
Change (% chg)

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Prev Close
3,658.00
Open
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Day's High
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Volume
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Avg. Vol
547,549
52-wk High
4,338.00
52-wk Low
3,225.00

Latest Key Developments (Source: Significant Developments)

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

Builder Bovis says pre-tax profit to fall in 2017 along with volumes
Monday, 20 Feb 2017 

Asked About M&A, Interim Ceo At Builder Bovis : Tells reuters the fall in profit is due to the 7 million one-off provision to address customer service issues . Says some of the 180 homes which should have been completed in 2016 have yet to be handed over to buyers . Ceo says pre-tax profit to fall again in 2017 as volumes fall 10-15 percent .Says if there was something to say, we would have to say it publicly.  Full Article