Berkeley Group Holdings (The) (BKG)

Sector:

Household Goods

Index:

FTSE 100

3,823.00p
   
  • Change Today:
      25.00p
  • 52 Week High: 4,903.00
  • 52 Week Low: 3,165.00
  • Currency: UK Pounds
  • Shares Issued: 108.69m
  • Volume: 50,611
  • Market Cap: £4,155.33m
  • RiskGrade: 234

Berkeley Group on course to meet full-year targets

By Abigail Townsend

Date: Tuesday 06 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Berkeley Group is on track to meet full-year profit guidance, the house builder said on Tuesday, despite a "volatile" operating environment.
Updating on trading ahead of its annual general meeting, Berkeley said it had continued to trade "well" during the first four months of the current financial year.

"The good level of demand continues to support pricing above business plan levels, which is sufficient to cover cost increases on a blended basis across Berkeley's developments," it noted.

As a result, the firm said it was on track to meet pre-tax profit guidance of £600m for the current year, and £625m in the year to 30 April 2024.

Forward sales - representing cash due under exchanged private sales - are expected to be marginally above the £2.17bn held at 30 April 2022, while net cash is forecast to be around £269m, similar to the level held at the end of the last financial year.

However, the blue chip acknowledged that the operating environment remained "volatile", with overall cost inflation continuing at between 5% and 10% across its portfolio. Berkeley said that in response, new land would only be added to holdings "very selectively".

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BKG Market Data

Currency UK Pounds
Share Price 3,823.00p
Change Today 25.00p
% Change 0.66 %
52 Week High 4,903.00
52 Week Low 3,165.00
Volume 50,611
Shares Issued 108.69m
Market Cap £4,155.33m
RiskGrade 234

BKG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.1% below the market average27.1% below the market average27.1% below the market average27.1% below the market average27.1% below the market average
70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average
Price Trend
23.41% below the market average23.41% below the market average23.41% below the market average23.41% below the market average23.41% below the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Income
40.78% above the market average40.78% above the market average40.78% above the market average40.78% above the market average40.78% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Growth
71.77% below the market average71.77% below the market average71.77% below the market average71.77% below the market average71.77% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average

What The Brokers Say

Strong Buy 5
Buy 6
Neutral 4
Sell 2
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BKG Dividends

  Latest Previous
  Interim 2nd Interim
Ex-Div 18-Aug-22 04-Mar-21
Paid 09-Sep-22 19-Mar-21
Amount 21.25p 9.13p

Trades for 09-Dec-2022

Time Volume / Share Price
11:26 47 @ 3,823.00p
11:26 6 @ 3,823.00p
11:26 98 @ 3,823.00p
11:26 2 @ 3,823.00p
11:26 78 @ 3,824.00p

BKG Key Personnel

CEO Robert C G Perrins
Finance Director Richard Stearn

Top of Page