Berkeley profit hit

By Hamish Champ2019-06-19T07:00:00

But housebuilder says it is on course to deliver £3bn of pre-tax profit in the five years to 2021

Berkeley Group announced a previously flagged fall in annual pre-tax profit in the year to April.

Pre-tax profit fell more than one fifth to £775m but the firm said earnings were likely to slip thanks to sales on a number of high-end sites in London coming to an end.

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