Berkeley Shares Fall Amid Profit Drop and Boardroom Reshuffle

Berkeley shares fall amid profit drop and boardroom reshuffle

Long serving CEO Rob Perrins to step up to become chair in the Autumn

Berkeley reveals leadership reshuffle as profits fall

Berkeley reported a 5.1% fall in pre-tax profits to £528.9 million for the year to April 30.

Perrins to become Berkeley executive chair

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Berkeley shares drop amid profit fall and boardroom reshuffle

Berkeley announces new executive chair and CEO as profit dips

Housebuilder sets up new build-to-rent platform as it eyes £5bn investment over 10 years

Berkeley Group shares crumble on pessimistic guidance

Berkeley Group shares crumbled on Friday as the housebuilder released year-end results littered with reasons for investors to be concerned. Profit before tax fell 5.1% to £529m and the builder’s net cash position fell to £337m, raising questions about the outlook for shareholder distributions. Cash due on forward sales dropped to £1.4bn, underscoring a shaky […] The post Berkeley Group shares crumble on pessimistic guidance appeared first on UK …