Business
Half-year Financial Report
Berkeley Group Holdings reported a pre-tax profit of £254 million for the six months ended 31 October 2025, with net cash at £342 million and net asset value per share increasing by 5% to £37.63. The company is on track to meet its full-year pre-tax profit guidance of £450 million and anticipates a similar level for FY27. Despite market volatility and regulatory burdens, Berkeley's resilient performance is attributed to strong operational execution and the robust fundamentals of the London housing market, supported by its long-term Berkeley 2035 strategy. Shareholder returns through buy-backs amounted to £132 million in the period. Disclaimer*
About this update from Berkeley Group Holdings Plc
[{"type":"text","content":"\n\n\n \nPRESS RELEASE 10 DECEMBER 2025\n \nINTERIM RESULTS ANNOUNCEMENT\n \nResilient operating performance and robust financial position amid market volatility\nOn track to deliver FY26 and FY27 pre-tax profit guidance\n \nSupportive Government planning policy but regulatory burden not reducing\n \nStrong fundamentals of the London housing market underpin Berkeley's long-term shareholder value proposition delivered through the Berkeley 2035 strategy\n \n \nThe Berkeley Group Holdings plc (\"Berkeley\") today announces its unaudited interim results for the six months ended 31 October 2025.\n \nRob Perrins, Executive Chair, said:\n \n\"Berkeley has delivered £254 million of pre-tax profit for the six-month period. Net cash is £342 million, after £132 million of share buy-backs, and net asset value per share is up 5% to £37.63. This highly creditable performance reflects exceptional operational execution in a very challenging macro-economic and regulatory environment, the quality of our market-leading homes and the strength of our unique long-term operating model. We remain on track to meet our pre-tax profit guidance of £450 million for this year and a similar level for FY27, along with our target for a strong net cash position.\n \nBerkeley is a financially strong, asset-backed business and our 10-year Berkeley 2035 strategy provides the agility to navigate near-term headwinds while focusing on the drivers of long-term value from our well-located land holdings to deliver returns to shareholders over the cycle through share buy-backs and dividends.\n \nThis involves delivery of quality new homes in our core business, investment of over £1 billion into the Berkeley Living Build-to-Rent portfolio and disciplined cost and balance sheet control, alongside focussed planning activity to secure viable consents aligned with today's operating environment and the Government's drive to increase housing delivery and gro...