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Davy Research

Berkeley Group

Further actions on COVID-19

Mar 27 2020, 09:55 GMT
Colin Sheridan CFA
Company Report
5 page(s)

Sectors : Construction and Housebuilding

Companies : Berkeley Group

Ratings and price correct at time of issue.

Berkeley Group

Closing Price: 3695p
RATING 10/09/13
UNDERPERFORM
PREVIOUS RATING 21/05/13

UNDER REVIEW

Colin Sheridan CFA

Analyst

DAVY VIEW

Issues with the supply chain have moved Berkeley Group to manage down the level of construction materially for the foreseeable future. The upcoming dividend will still be paid, and the company has a significant amount of liquidity to weather the downtime ahead.

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Mar 27 2020, 09:55 GMT

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Berkeley Group

Further actions on COVID-19

Berkeley Group

RATING 10/09/13

UNDER REVIEW

Colin Sheridan CFA

DAVY VIEW

Download full report with analyst certification and important disclosures