The Berkeley Group Holdings plc remains on course to deliver £2 billion of pre-tax profit in aggregate over the three years culminating in 2017/18.

For the year 2016, the Board anticipates results will be at the top end of expectations, after absorbing approximately £25 million of accelerated operating expenses, following the changes to the 2011 LTIP which were approved by 94% of shareholders voting at the General Meeting on 16 February 2016.