UK's Berkeley reports decline in first-half profit

Berkeley groupHoldings

10/12/2025 07:04

Corrects dateline to December 10

Dec 10 (Reuters) - British homebuilder Berkeley BKGH.L reported a 7.7% drop in first-half profit on Wednesday, as buyers delayed home purchases until the UK's budget in November.

The company reported a pre-tax profit of 254 million pounds ($338 million) for the six months ended October 31, down from year-ago 275.1 million pounds.

($1 = 0.7515 pounds)

 (Reporting by Raechel Thankam Job in Bengaluru; Editing by Sumana Nandy)

 ((RaechelThankam.Job@thomsonreuters.com;))