Berkeley Group shares have shot up: Here's why

Shares in housebuilders have charged higher

Shares in housebuilders have charged higher

The company said its pre-tax profit guidance has now been upgraded to £3.3bn from £3bn.

Interim results published this morning showed pre-tax profits had risen 36 per cent to £533.3m in the six months to the end of October, on a 14 per cent rise in revenues.

Chairman Tony Pidgley said: "We should remember, above all, that housing is not a numbers game".

He said: "While the political context for housebuilding is turbulent, where there is stability, the potential for growth and delivery remains strong".

F-22 Raptor: el avión que busca intimidar a Corea del Norte
McMaster, consejero de seguridad nacional de Trump, consideró recientemente que la posibilidad de una guerra con Corea del Norte se reforzaba.

During the period Berkeley sold 2,117 homes (2016: 2,076) at an average selling price of £719,000 (2016: £655,000). In the two years to the end of April 2019, it said it expects profits to hit £1.5bn.

The firm also warned over the future, with Boss Rob Perrins saying: "There remains good underlying demand for property in London and the South East, but the combination of uncertain United Kingdom economic and political outlook and high property taxation continues to mean customers are more circumspect and inevitably purchasing later in the development cycle".

Berkeley Group shares were up 8.7pc to £41.82 at the time of publication.

Noticias recomendadas

  • Inspirational Australian burns survivor Turia Pitt welcomes baby boy

    Inspirational Australian burns survivor Turia Pitt welcomes baby boy

    Turia Pitt and her fiance have welcomed their first child, with heartwarming photos published online. She lost seven fingers and spent six months in hospital where she underwent over 200 operations.
    Flipkart Big Shopping Days offering iPhone X at Rs 5000 discount

    Flipkart Big Shopping Days offering iPhone X at Rs 5000 discount

    Also Redmi Note 4 has the similar discount and is being sold at Rs 10,999 from its cost price of Rs 12,999. The e-tailer is also offering a buyback guarantee of nearly Rs 36,500 and an exchange scheme of Rs 18,000.

    Latest Tally Of Analyst Opinions: Twitter, Inc. (TWTR), Barnes & Noble, Inc. (BKS)

    The business had revenue of $886.90 million during the quarter, compared to the consensus estimate of $868.17 million. This movement could be bad/good signal for few investors as firm is showing performance for the quarter as 13.62%.
  • Pakistan Air Force Ordered to Shoot Down US Attack Drones

    The report also mentions that the Central Intelligence Agency has been responsible for all United States drone strikes in Pakistan until November 2017.
    Nicaragua gana 3 de 6 oros en judo en Juegos Centroamericanos

    Nicaragua gana 3 de 6 oros en judo en Juegos Centroamericanos

    En la segunda parte, los catrachos mantuvieron una ventaja mínima y al cierre del tercer cuarto el marcador estaba 47-48 a favor de Honduras , con Christopher Flores y Alvin Cacho como protagonistas.

    Tarifas electricas subirábn enre 1.17% y 1.44% — Osinergmin

    Si, por ejemplo, un hogar pagaba S/ 50 mensuales en su recibo de luz, a partir de este mes se incrementará cerca de S/ 0,59.
  • Tata Motors reports strong wholesale numbers for November vs October

    Tata Motors reports strong wholesale numbers for November vs October

    Global wholesales for Jaguar Land Rover were 54,244 vehicles (*JLR number for November 2017 includes CJLR volumes of 8,179 units). Global wholesales of all passenger vehicles in November 2017 were at 71,628 nos., higher by 10%, compared to November 2016.

    Accenture PLC (NYSE:ACN) Shares Bought by TD Asset Management Inc

    Norges Bank purchased a new position in Accenture Plc during the fourth quarter valued at approximately $649,544,000. Baird reaffirmed a "hold" rating and set a $155.00 price target on shares of Accenture in a report on Thursday.

    The Lloyds Banking Group PLC (LLOY) Stock Rating Reaffirmed by Investec

    Goldman Sachs Group reaffirmed a "sell" rating on shares of Lloyds Banking Group in a research report on Wednesday, September 6th. In terms of Buy, Sell or Hold recommendations, Lloyds Banking Group Plc (NYSE:LYG) has analysts' mean recommendation of 4.
  • YouTube prankster cements head in microwave in Wolverhampton

    YouTube prankster cements head in microwave in Wolverhampton

    Crews from the technical rescue team helped with taking the microwave apart, he added. After their attempts failed, they called rescue services for help.
    Henrikh Mkhitaryan: 'People don't like Zlatan Ibrahimovic'

    Henrikh Mkhitaryan: 'People don't like Zlatan Ibrahimovic'

    We'll have also have video of both manager press conferences posted for you on Friday as well. Do YOU want to write for GiveMeSport? "We just have to be focused on whatever we're doing".
    Bernie Sanders: Trump Should 'Also Think About Resigning' Over Sexual Misconduct Allegations

    Bernie Sanders: Trump Should 'Also Think About Resigning' Over Sexual Misconduct Allegations

    Sanders's comments come as women from Hollywood to Capitol Hill have come forward to accuse influential men of sexual misconduct. Franken, who downplayed some of the allegations as "are simply are not true", said he may give up his post but not his voice.

Nos complace brindar esta oportunidad para compartir información, experiencias y observaciones sobre lo que está en las noticias.
Algunos de los comentarios se pueden reimprimir en otras partes del sitio o en el periódico.
Gracias por tomarse el tiempo para ofrecer sus pensamientos.