Berkeley profit falls as high-end London schemes finish sales

摘要

Housebuilder Berkeley Group has announced a drop in annual pre-tax profit in the year to April. Profit during this period fell more than one-fifth to £775m. The firm had previously said earnings were likely to slip thanks to sales on a number of high-end sites in London coming to an end. The One Blackfriars developer said pre-tax profit was expected to fall by a further third this year.