Berkeley Group

FY25 upgraded, but medium- term outlook subdued

  • Sectors : Construction and Housebuilding
  • Companies : Berkeley Group

Ratings and price correct at time of issue.

  • Berkeley Group

    Closing Price: 5010p

  • RATING 10/09/13

  • PREVIOUS RATING 21/05/13

    UNDER REVIEW

Person's Name

Colin Sheridan CFA

Analyst

DAVY VIEW

Berkeley Group upgraded its FY25 guidance by 5% this morning, while FY24 was broadly in line. Medium-term guidance is more subdued, with lower sales compounding planning and regulatory difficulties.

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Jun 19 2024, 08:05 IST/BST

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