Berkeley warns of risk of ‘further deterioration’ in economic conditions due to Iran crisis

By Daniel Gayne2026-03-13T12:20:00

Source: Shutterstock

Housebuilder sticks with previous profit guidance in trading update

Berkeley has re-affirmed its profit guidance while noting the risk of “a further deterioration in macro conditions” due to the ongoing crisis in the Middle East.

In a third quarter trading update covering the period from 1 November 2025 to 28 February 2026, the housebuilder maintained its guidance of £450m in pre-tax profit for the year, with a similar level anticipated for full-year 2027.

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