The Berkeley Group Holdings PLC

Latest Results (01.10.2025):

The Berkeley Group Holdings PLC has reported strong financial performance for the year ended 30 April 2025, achieving a pre-tax profit of £528.9 million and maintaining a robust net cash position of £337.3 million. The company demonstrated disciplined execution and cost control amidst a volatile operating environment, while also making significant strides in land holdings and its Build to Rent (BTR) platform. Shareholder returns totaled £381.5 million, marking a solid start to the Berkeley 2035 strategy.

Financial Performance

For the year ended 30 April 2025, Berkeley delivered a pre-tax profit of £528.9 million, a slight decrease of 5.1% compared to the previous year. The company maintained an operating margin of 20.1% and reported net cash of £337.3 million, reflecting strong cash management despite geopolitical and macroeconomic challenges.

Shareholder Returns

Berkeley returned £381.5 million to shareholders through £129.7 million in share buy-backs and £251.8 million in dividends. The dividends per share increased to £2.40, significantly up from £0.92 in the previous year, underscoring the company's commitment to delivering value to its investors.

Land Holdings and Development

The company's land holdings remained substantial, with a future gross margin of £6.7 billion. Berkeley successfully delivered 4,300 homes, 92% of which were developed on regenerated brownfield land, aligning with government policies and supporting sustainable urban growth.

Berkeley 2035 Strategy

Under the Berkeley 2035 strategy, the company plans to allocate £5 billion in capital over the next decade, focusing on land investment, expanding its BTR platform, and continuing shareholder returns. This strategic initiative positions Berkeley for long-term resilience and growth.

Operational Efficiency and Cash Management

Operating costs were reduced by 3% despite an inflationary environment, demonstrating Berkeley's ability to maintain efficiency. With £1.2 billion of borrowing capacity, the company ensures a total liquidity of £1.5 billion, supporting ongoing and future projects.

Commitment to Sustainable Development

Berkeley invested approximately £580 million in affordable housing and community benefits. The company's dedication to biodiversity, carbon reduction, and high ESG ratings highlights its role as a responsible and sustainable developer.