Half Year 2023 Berkeley Group Holdings PLC Earnings Presentation Transcript
Good morning, ladies and gentlemen, and welcome to Berkeley's results presentation for the 6 months ended 31st of October 2022. I am Rob Perrins, Chief Executive of The Berkeley Group.
These are a robust set of results from Berkeley. We have delivered GBP 285 million of profit and increased net cash by GBP 74 million to GBP 343 million. But I suspect your real interest today is in our trading and outlook.
In terms of trading, Berkeley sales for the 6 months were 2% ahead of last year on a like-for-like basis. This includes the 5 weeks since the end of September in which sales rates have been approximately 25% lower than the previous 5 months. Sales have
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