Berkeley Group First Half - Willu Invest

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    Berkeley Group First Half

    First half numbers stated:

    Pretax profit rose by 36% to £3.3bln v £3bln in the half year and raised its five-year guidance
    Revenue increased 14% to £1.6bln. Cash due on forward sales was £2.45bln
    Berkley reported that it delivered 2,117 homes in the period
    Expects margins to decrease to 17.5% from 19.5% in line with the prevailing market environment

    As of 8.02am the stock was trading up c.3.95% at c.3996p


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