Progress for Barratt and Berkeley

Barratt Developments and Berkeley Group have reported to the city this month with Barratt saying “another outstanding year” and Berkeley continuing to progress in the challenging London and south east market. During its year ending June 30 2018, Barratt achieved its highest number of completions for a decade at 17,579 completions in total with private

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Berkeley profits up despite difficult market

Berkeley Group saw its pre-tax profit climb to £934.9 million, a 15.1% increase, during its financial year ending April 30 2018 against the equivalent period the previous year. London housebuilder reported its profits were set to be around 30% lower during its next financial year with “profitability returning to more normal levels.” It said this

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Berkeley Group – Inspiring young people!

“What I really want is to inspire young people. Make them an offer. Show them that building and construction is worthwhile and fun. It’s something you can be passionate about, as well as place you can make good money.” Currently more people are leaving the construction industry than joining it and people completing apprenticeships is

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Berkeley’s profits rise

The Berkeley Group has posted a 53% increase in pre-tax profit during its financial year despite acknowledging the “prolonged uncertainty” that the London and south east housing markets face. During the year ending April 30 2017, the housebuilder’s pre-tax profit rose to £812.4 million against the equivalent period last year. Berkeley is on target to

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Berkeley announce new profit target

Berkeley have announced it is on target to deliver £2 billion of pre-tax profit over 3 years from May 2015 despite reservations down a fifth year on year. Interim results have showed profit in the six months to October 2016 is up 33.9% to £392.7 million. The firm has announced a new 5 year target

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Strong London market enjoyed by The Berkeley Group

The Berkeley Group have reported their pre-tax profit has risen by 42% to £539.7 million during the year ending April 30 2015 against 2014. The company said that the housing market had returned to normal levels following the surges seen in 2013/14. “Domestic demand has been strong in our core markets of London and the

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