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財經新聞

UK's Berkeley flags persistent housing demand woes amid high-rate environment

UPDATE 2-UK's Berkeley flags persistent housing demand woes amid high-rate environment Sees pre-tax profit of 1.5 bln stg for three years to FY26 Posts about 5% rise in HY pre-tax profit at 298 mln stg Shares down 2% in early trading Recasts lead, updates throughout, adds shares in paragraph 8 By Aby Jose Koilparambil and Suban Abdulla Dec 8 (Reuters) - Britain's Berkeley BKGH.L on Friday joined its sector peers in underscoring the difficult trading conditions in the housing market after the hig
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UK homebuilder Berkeley flags subdued trading conditions

UK homebuilder Berkeley flags subdued trading conditions Dec 8 (Reuters) - British high-end homebuilder Berkeley BKGH.L on Friday joined its sector peers in underscoring the difficult trading conditions in the housing market, as high mortgage costs and weak macroeconomic backdrop continue to drive buyers away. The FTSE 100 .FTSE builder posted an about 5% rise in pre-tax profit at 298 million pounds ($374.8 million) for the six months ended Oct.
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Alstom, Epiroc, Nemetschek

EUROPE RESEARCH ROUNDUP- Alstom, Epiroc, Nemetschek Dec 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alstom, Epiroc and Nemetschek, on Friday. HIGHLIGHTS * Alstom ALSO.PA : JP Morgan cuts to neutral from overweight * Epiroc AB EPIRa.ST : JP Morgan cuts to underweight from neutral * Nemetschek SE NEKG.DE : Berenberg cuts to hold from buy * Rexel RXL.PA : JP Morgan cuts to neutral from overweight * Stadler Rail AG SRAIL.S : JP M
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British home prices to dip again in 2024 but no crash expected

POLL-British home prices to dip again in 2024 but no crash expected By Jonathan Cable LONDON, Nov 29 (Reuters) - British home prices will fall again in 2024 after dropping 4% this year as the Bank of England keeps interest rates higher for longer, eroding how much buyers can afford to borrow and deterring some from entering the market, a Reuters poll found.
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UK's Crest Nicholson cuts profit forecast amid weak housing demand

UPDATE 1-UK's Crest Nicholson cuts profit forecast amid weak housing demand Adds sector context in paragraphs 2 and 3, details on forward sales in paragraph 4 Nov 16 (Reuters) - Crest Nicholson CRST.L on Thursday became the latest British homebuilder to flag weakening demand in the sector as it lowered its annual profit expectations for the second time in four months.
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