Berkeley to open modular factory next year

By Joey Gardiner2019-12-06T10:57:00

Housebuilder reports sharp drop in interim profit

London-focused housebuilder Berkeley Group has said it will start production at its volumetric housing factory in Ebbsfleet next year, and has hired 40 staff to run the facility.

Announcing half-year results today showing profit and revenue sharply down, as expected, the housebuilder said the selling price of its homes remained “firm” and that its forward order book had risen for the first time since 2016.

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