Berkeley says profit has peaked

By Dave Rogers2018-06-20T07:43:00

House builder adds Brexit continues to sap confidence in the capital

One Blackfriars developer Berkeley Group has said full year profits next year will be around a third lower than the bumper set of numbers it turned in this time around.

The house builder reported a 15% rise in pre-tax profit for the year ending April 2018, up to £934.9m for the period compared to last year. Revenues fell slightly to £2.70bn from £2.73bn.

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