Can Berkeley Group deliver robust performance in challenging markets, brokers remain supportive

Berkeley Group Holdings PLC's (LSE:BKG) latest trading update broadly supports market expectations, Citi highlights, with the housebuilder reiterating guidance for about £450 million in pre-tax profit for fiscal 2026 and a similar level in fiscal 2027. The construction group also guided to year-end FY26 net cash of around £300 million, including a £250 million paydown of land creditors, reinforcing the balance-sheet strength that remains central to the investment case.