Overview
- Pre-tax profit fell to £528.9m in the last financial year, down 5.1% from £557.3m, as operating margin improved to 20.1%.
- Berkeley delivered 4,300 homes including 92% on regenerated brownfield land under its sustainability-focused model.
- Chief executive Rob Perrins will step into the executive chair role in September, with CFO Richard Stearn succeeding him as CEO.
- The group outlined a 10-year strategy supported by £7bn of free cash flow and reported £6.7bn of land holdings with strong planning momentum.
- Berkeley reaffirmed its commitment to the housing-led growth agenda by submitting planning applications across all its sites.