Berkeley Group holds steady trading, targets £525m pre-tax earnings, supports new homes plan, and anticipates rate cut benefits.

The Berkeley Group Holdings plc, a prominent UK homebuilder, reported stable trading since May 2024 and is poised to meet its full-year pre-tax earnings target of £525 million by April 2025. The company supports government plans for 1.5 million new homes and anticipates benefiting from the first UK rate cut in over four years. Berkeley advocates for a sector-wide shift in attitude to fulfill housing goals and plans to assess the impact of upcoming reforms on its operations.

September 06, 2024
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