Berkeley says profit will be up 5% as sales recover to pre-pandemic levels

By Carl Brown2021-12-08T10:50:00

Housebuilder reports strong growth as it aims to increase development by 50%

Berkeley has increased its earnings guidance for 2020/2021 by 5% and is now forecasting annual profit increases of 5% for the next three years until 2025.

The housebuilder today reported pre-tax profit of £290.7 million for the six months to 31 October, a 26% increase on the same period last year which was impacted by lockdown and 5% higher than in 2019 pre-pandemic.

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