trending Market Intelligence /marketintelligence/en/news-insights/trending/By9S-XH_UBhBpbcMgtoNJA2 content esgSubNav
In This List

Berkeley Group's fiscal H1 pretax profit down 31% YOY

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Berkeley Group's fiscal H1 pretax profit down 31% YOY

The Berkeley Group Holdings PLC's pretax profit for the six-month interim period ended Oct. 31 fell 31% year over year to £276.7 million from £401.2 million.

The U.K. homebuilder said the reduction in profit was anticipated and reflects the completion of a number of developments in Central London.

EPS declined 28.3% annually to 176.4 pence from 246.0 pence.

The company's revenue fell 43.7% year on year to £930.9 million from £1.65 billion.

The company sold 1,389 houses for an average of £644,000 per house during the period, compared to 2,027 units sold in the prior-year period at an average price of £740,000.