DOCSLIB.ORG

Berkeley Group Holdings BKG Household Goods & Home Construction — GBP 45.6 at Close 03 August 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Berkeley Group Holdings BKG Household Goods & Home Construction — GBP 45.6 at Close 03 August 2020 FTSE COMPANY REPORT Share price analysis relative to sector and index performance Berkeley Group Holdings BKG Household Goods & Home Construction — GBP 45.6 at close 03 August 2020 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 03-Aug-2020 03-Aug-2020 03-Aug-2020 55 120 150 1D WTD MTD YTD Absolute 2.4 2.4 2.4 -6.2 115 140 Rel.Sector 0.0 0.0 0.0 -5.6 50 Rel.Market 0.3 0.3 0.3 17.6 110 130 45 VALUATION 105 120 Trailing Relative Price Relative 40 Price Relative 100 110 PE 12.8 Absolute Price (local (local currency) AbsolutePrice EV/EBITDA 8.6 35 95 100 PB 1.7 PCF 10.8 30 90 90 Div Yield - Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Price/Sales 2.7 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.2 90 90 100 Div Payout 36.5 80 80 90 ROE 13.5 70 70 80 Share Index) Share Share Sector) Share - 60 - 60 70 DESCRIPTION 50 50 60 40 40 50 The Company principal activity is that of a holding RSI RSI (Absolute) 30 30 40 company of a Group engaged in residential-led property development focusing on urban regeneration 20 20 30 and mixed-use developments. 10 10 20 RSI (Relative to FTSE UKFTSE All to RSI (Relative RSI (Relative to FTSE UKFTSE All to RSI (Relative 0 0 10 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Berkeley Group Holdings 03 August 2020 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 30-Jun-2020 30-Jun-2020 30-Jun-2020 13 9 3.5 12 8 11 +1SD 3 +1SD 10 7 9 Avg 2.5 +1SD Avg 8 6 Avg -1SD 7 -1SD 2 5 6 -1SD 5 4 1.5 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Household Goods & Home Construction 120.0 Reckitt Benckiser Group 17.0 Reckitt Benckiser Group 5.6 McBride 14.1 Household Goods & Home Construction 11.2 Household Goods & Home Construction 2.5 Mccarthy & Stone 13.4 Berkeley Group Holdings 8.6 Persimmon 2.2 Berkeley Group Holdings 12.8 M J Gleeson 8.4 M J Gleeson 1.9 M J Gleeson 11.5 Barratt Developments 7.9 McBride 1.8 Vistry Group 11.2 Countryside Properties 7.4 Berkeley Group Holdings 1.7 Barratt Developments 6.8 McBride 5.0 Barratt Developments 1.0 Crest Nicholson Holdings 6.2 Headlam Group 4.1 Headlam Group 1.0 Bellway 5.8 Crest Nicholson Holdings 3.4 Redrow 1.0 Redrow 4.6 Redrow 3.4 Crest Nicholson Holdings 0.6 Reckitt Benckiser Group -14.3 Mccarthy & Stone 0.0 Mccarthy & Stone 0.5 -40 -20 0 20 40 60 80 100 120 140 0 2 4 6 8 10 12 14 16 18 0 1 2 3 4 5 6 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 30-Jun-2020 30-Jun-2020 30-Jun-2020 12 9 2.8 +1SD 8 10 2.6 7 Avg +1SD 2.4 8 6 5 2.2 -1SD +1SD 6 4 Avg 2 4 3 Avg 1.8 2 -1SD 2 -1SD 1 1.6 0 ‖ ‖ 0 1.4 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 M J Gleeson 44.1 Bellway 5.9 Reckitt Benckiser Group 4.1 Reckitt Benckiser Group 37.4 Barratt Developments 5.9 Berkeley Group Holdings 2.7 Household Goods & Home Construction 18.0 Crest Nicholson Holdings 5.7 Household Goods & Home Construction 2.2 McBride 15.6 Persimmon 2.0 Countryside Properties M J Gleeson 4.9 15.2 M J Gleeson 1.5 Barratt Developments 11.8 Household Goods & Home Construction 3.1 Vistry Group 1.4 Berkeley Group Holdings 10.8 Taylor Wimpey 2.4 Redrow 0.7 Vistry Group 7.0 Reckitt Benckiser Group 2.3 Headlam Group 5.3 Mccarthy & Stone 0.6 Vistry Group 2.0 Redrow 5.2 Crest Nicholson Holdings 0.5 Mccarthy & Stone 4.7 McBride 0.0 Headlam Group 0.3 Crest Nicholson Holdings 4.0 Berkeley Group Holdings 0.0 McBride 0.2 0 5 10 15 20 25 30 35 40 45 50 0 1 2 3 4 5 6 7 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: Berkeley Group Holdings 03 August 2020 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 30-Jun-2020 30-Jun-2020 30-Jun-2020 0.2 70 35 60 +1SD +1SD 30 0.15 50 +1SD Avg 40 25 -1SD 0.1 Avg 30 Avg 20 20 0.05 -1SD 15 10 -1SD 0 ‖ 0 10 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 Jul-2015 Jul-2016 Jul-2017 Jul-2018 Jul-2019 McBride 2.1 Household Goods & Home Construction 100.0 Persimmon 26.3 Reckitt Benckiser Group 1.3 Persimmon 88.1 Redrow 21.4 Household Goods & Home Construction 0.4 Headlam Group 73.4 Taylor Wimpey 20.6 Headlam Group 0.2 Vistry Group 63.8 Countryside Properties 19.9 Barratt Developments Bellway Berkeley Group Holdings 0.2 63.4 19.7 M J Gleeson 56.6 Berkeley Group Holdings 13.5 Crest Nicholson Holdings 0.2 Berkeley Group Holdings 36.5 Headlam Group 11.9 Mccarthy & Stone 0.0 Crest Nicholson Holdings 34.8 Vistry Group 11.9 Bellway 0.0 Bellway 34.4 Crest Nicholson Holdings 9.5 Persimmon 0.0 Mccarthy & Stone 0.0 Mccarthy & Stone 3.7 Countryside Properties 0.0 McBride 0.0 Household Goods & Home Construction 1.8 M J Gleeson 0.0 Reckitt Benckiser Group 0.0 Reckitt Benckiser Group -30.6 0 0.5 1 1.5 2 2.5 0 20 40 60 80 100 120 -40 -30 -20 -10 0 10 20 30 ROE vs. PB — sector Du Pont Analysis 5.5 RB. 2.5 35 5.0 30 2 4.5 25 4.0 1.5 3.5 20 PB 3.0 15 1 2.5 Household Goods PSN 10 2.0 GLE MCB 0.5 BKG CSP 1.5 TW. 5 Regression VTY BDEV BWY 1.0 HEAD RDW 0 0 2016 2017 2018 2019 2020 CRST 0.5 MCS 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Net Margin Asset Turnover Gearing ROE (rhs) ‖ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: Berkeley Group Holdings 03 August 2020 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity. Not calculated if Absolute Absolute graphs reflect performance for the stock in question for up to 366 days adjusted denominator (common equity) is negative for intervening corporate actions. EV to EBITDA EV to EBITDA is Enterprise Value divided by EBITDA (Earnings before Interest and Taxes, Relative Relative charts reflect the performance for the stock in question relative to the depreciation and amortisation).
Load more

Recommended publications
  • Taylor Woodrow Plc Report and Accounts 2006 Our Aim Is to Be the Homebuilder of Choice
    Taylor Woodrow plc Report and Accounts 2006 Our aim is to be the homebuilder of choice. Our primary business is the development of sustainable communities of high-quality homes in selected markets in the UK, North America, Spain and Gibraltar. We seek to add shareholder value through the achievement of profitable growth and effective capital management. Contents 01 Group Financial Highlights 54 Consolidated Cash Flow 02 Chairman’s Statement Statement 05 Chief Executive’s Review 55 Notes to the Consolidated 28 Board of Directors Financial Statements 30 Report of the Directors 79 Independent Auditors’ Report 33 Corporate Governance Statement 80 Accounting Policies 37 Directors’ Remuneration Report 81 Company Balance Sheet 46 Directors’ Responsibilities 82 Notes to the Company Financial Statement Statements 47 Independent Auditors’ Report 87 Particulars of Principal Subsidiary 48 Accounting Policies Undertakings 51 Consolidated Income Statement 88 Five Year Review 52 Consolidated Statement of 90 Shareholder Facilities Recognised Income and Expense 92 Principal Taylor Woodrow Offices 53 Consolidated Balance Sheet Group Financial Highlights • Group revenues £3.68bn (2005: £3.56bn) • Housing profit from operations* £469m (2005: £456m) • Profit before tax £406m (2005: £411m) • Basic earnings per share 50.5 pence (2005: 50.6 pence) • Full year dividend 14.75 pence (2005: 13.4 pence) • Net gearing 18.6 per cent (2005: 23.7 per cent) • Equity shareholders’ funds per share 364.7 pence (2005: 338.4 pence) Profit before tax £m 2006 405.6 2005 411.0 2004 403.9 Full year dividend pence (Represents interim dividends declared and paid and final dividend for the year as declared by the Board) 2006 14.75 2005 13.4 2004 11.1 Equity shareholders’ funds per share pence 2006 364.7 2005 338.4 2004 303.8 * Profit from operations is before joint ventures’ interest and tax (see Note 3, page 56).
    [Show full text]
  • Building Excellence
    Barratt Developments PLC Building excellence Annual Report and Accounts 2017 Annual Report and Accounts 2017 Inside this report 1 45 113 175 Strategic Report Governance Financial Statements Other Information 1 Key highlights 46 The Board 114 Independent Auditor’s Report 175 KPI definitions and why we measure 2 A snapshot of our business 48 Corporate governance report 119 Consolidated Income Statement 176 Glossary 4 Our performance and financial highlights 60 Nomination Committee report 119 Statement of Comprehensive Income 177 Other Information 6 How we create and preserve value 65 Audit Committee report 120 Statement of Changes in 8 Chairman’s statement 74 Safety, Health and Environment Shareholders’ Equity – Group 10 Key aspects of our market Committee report 121 Statement of Changes in 76 Remuneration report Shareholders’ Equity – Company 12 Chief Executive’s statement Notice regarding limitations on Directors’ liability under 106 Other statutory disclosures 122 Balance Sheets English law 17 Our Strategic priorities Under the Companies Act 2006, a safe harbour limits the 112 Statement of Directors’ 123 Cash Flow Statements liability of Directors in respect of statements in, and omissions from, the Strategic Report contained on pages 1 to 44 and the Our principles Responsibilities 124 Notes to the Financial Statements Directors’ Report contained on pages 45 to 112. Under English Law the Directors would be liable to the Company (but not to 34 Keeping people safe any third party) if the Strategic Report and/or the Directors’ Report contains errors as a result of recklessness or knowing 35 Being a trusted partner misstatement or dishonest concealment of a material fact, 36 Building strong but would not otherwise be liable.
    [Show full text]
  • Organisations/Groups on the Consultation Database Planning
    Appendix B Organisations/Groups on the Consultation Database Planning Agents/Professional Representatives 3Fox International Limited Acorn, Land & Strategic Property Division Acorus Admiral Homes Affinity Sutton Homes Alliance Planning AMEC Environment & Infrastructure UK Limited Annington Developments Ltd Appledore Developments Ltd Artesian Asprey Homes Axes Lane Banner Homes Barton Willmore Planning Partnership Batcheller Monkhouse Baxter Phillips Bell Cornwell Bellway Homes Ltd Bellway Homes Ltd, Thames Gateway South Division Berkeley Homes (South East London) Berwood Homes Bidwells LLP Bioscan (UK) Ltd BNP Paribas Real Estate Boyer Planning Limited bptw Partnership BRE Brian Barber Associates British Land Company PLC Broadlands Planning Broadway Malyan Planning Burnett Planning & Development Limited Cala Homes Calfordseaden LLP Capita Symonds Castlefort Properties Ltd Cathedral Group CBRE Ltd CgMs Consulting Chart Plan (2004) Limited Chase & Partners Clifford Rance Associates Cluttons LLP Colliers International Conrad Phoenix Properties Ltd Correct as of 21/07/2016 Conrad Ritblat Erdman Co-Operative Group Ltd., Countryside Strategic Projects plc Cranbrook Home Extensions Crest Nicholson Eastern Crest Strategic Projectsl Ltd Croudace D & M Planning Daniel Watney LLP Deloitte Real Estate DHA Planning Direct Build Services Limited DLA Town Planning Ltd dp9 DPDS Consulting Group Drivers Jonas Deloitte Dron & Wright DTZ Edwards Covell Architecture & Planning Fairclough Homes Fairview Estates (Housing) Ltd Firstplan FirstPlus Planning Limited
    [Show full text]
  • Annex 1: Parker Review Survey Results As at 2 November 2020
    Annex 1: Parker Review survey results as at 2 November 2020 The data included in this table is a representation of the survey results as at 2 November 2020, which were self-declared by the FTSE 100 companies. As at March 2021, a further seven FTSE 100 companies have appointed directors from a minority ethnic group, effective in the early months of this year. These companies have been identified through an * in the table below. 3 3 4 4 2 2 Company Company 1 1 (source: BoardEx) Met Not Met Did Not Submit Data Respond Not Did Met Not Met Did Not Submit Data Respond Not Did 1 Admiral Group PLC a 27 Hargreaves Lansdown PLC a 2 Anglo American PLC a 28 Hikma Pharmaceuticals PLC a 3 Antofagasta PLC a 29 HSBC Holdings PLC a InterContinental Hotels 30 a 4 AstraZeneca PLC a Group PLC 5 Avast PLC a 31 Intermediate Capital Group PLC a 6 Aveva PLC a 32 Intertek Group PLC a 7 B&M European Value Retail S.A. a 33 J Sainsbury PLC a 8 Barclays PLC a 34 Johnson Matthey PLC a 9 Barratt Developments PLC a 35 Kingfisher PLC a 10 Berkeley Group Holdings PLC a 36 Legal & General Group PLC a 11 BHP Group PLC a 37 Lloyds Banking Group PLC a 12 BP PLC a 38 Melrose Industries PLC a 13 British American Tobacco PLC a 39 Mondi PLC a 14 British Land Company PLC a 40 National Grid PLC a 15 BT Group PLC a 41 NatWest Group PLC a 16 Bunzl PLC a 42 Ocado Group PLC a 17 Burberry Group PLC a 43 Pearson PLC a 18 Coca-Cola HBC AG a 44 Pennon Group PLC a 19 Compass Group PLC a 45 Phoenix Group Holdings PLC a 20 Diageo PLC a 46 Polymetal International PLC a 21 Experian PLC a 47
    [Show full text]
  • Constituents & Weights
    2 FTSE Russell Publications 19 August 2021 FTSE 100 Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 3i Group 0.59 UNITED GlaxoSmithKline 3.7 UNITED RELX 1.88 UNITED KINGDOM KINGDOM KINGDOM Admiral Group 0.35 UNITED Glencore 1.97 UNITED Rentokil Initial 0.49 UNITED KINGDOM KINGDOM KINGDOM Anglo American 1.86 UNITED Halma 0.54 UNITED Rightmove 0.29 UNITED KINGDOM KINGDOM KINGDOM Antofagasta 0.26 UNITED Hargreaves Lansdown 0.32 UNITED Rio Tinto 3.41 UNITED KINGDOM KINGDOM KINGDOM Ashtead Group 1.26 UNITED Hikma Pharmaceuticals 0.22 UNITED Rolls-Royce Holdings 0.39 UNITED KINGDOM KINGDOM KINGDOM Associated British Foods 0.41 UNITED HSBC Hldgs 4.5 UNITED Royal Dutch Shell A 3.13 UNITED KINGDOM KINGDOM KINGDOM AstraZeneca 6.02 UNITED Imperial Brands 0.77 UNITED Royal Dutch Shell B 2.74 UNITED KINGDOM KINGDOM KINGDOM Auto Trader Group 0.32 UNITED Informa 0.4 UNITED Royal Mail 0.28 UNITED KINGDOM KINGDOM KINGDOM Avast 0.14 UNITED InterContinental Hotels Group 0.46 UNITED Sage Group 0.39 UNITED KINGDOM KINGDOM KINGDOM Aveva Group 0.23 UNITED Intermediate Capital Group 0.31 UNITED Sainsbury (J) 0.24 UNITED KINGDOM KINGDOM KINGDOM Aviva 0.84 UNITED International Consolidated Airlines 0.34 UNITED Schroders 0.21 UNITED KINGDOM Group KINGDOM KINGDOM B&M European Value Retail 0.27 UNITED Intertek Group 0.47 UNITED Scottish Mortgage Inv Tst 1 UNITED KINGDOM KINGDOM KINGDOM BAE Systems 0.89 UNITED ITV 0.25 UNITED Segro 0.69 UNITED KINGDOM
    [Show full text]
  • Berkeley Group Holdings Plc (BKG:LN)
    Berkeley Group Holdings Plc (BKG:LN) Consumer Discretionary/Home Construction Price: 4,751.00 GBX Report Date: September 3, 2021 Business Description and Key Statistics Berkeley Group Holdings is a holding company. Through its Current YTY % Chg subsidiaries, Co. is engaged in residential-led mixed use development and ancillary activities. Co. builds homes and Revenue LFY (M) 2,202 14.7 communities across London, Birmingham and the EPS Diluted LFY 0.72 6.1 South-East of England. Market Value (M) 26,684 Shares Outstanding LFY (000) 561,659 Book Value Per Share 5.65 EBITDA Margin % 23.10 Net Margin % 19.6 Website: www.berkeleygroup.co.uk Long-Term Debt / Capital % 8.6 ICB Industry: Consumer Discretionary Dividends and Yield TTM 1.16 - 2.44% ICB Subsector: Home Construction Payout Ratio TTM % 100.0 Address: Berkeley House;19 Portsmouth Road Cobham 60-Day Average Volume (000) 455 GBR 52-Week High & Low 4,943.00 - 4,001.00 Employees: 2,627 Price / 52-Week High & Low 0.96 - 1.19 Price, Moving Averages & Volume 4,990.1 4,990.1 Berkeley Group Holdings Plc is currently trading at 4,751.00 which is 1.1% below its 50 day 4,860.6 4,860.6 moving average price of 4,804.42 and 3.2% above its 4,731.0 4,731.0 200 day moving average price of 4,603.30. 4,601.5 4,601.5 BKG:LN is currently 3.9% below its 52-week high price of 4,943.00 and is 18.7% above 4,472.0 4,472.0 its 52-week low price of 4,001.00.
    [Show full text]
  • JUBILEE MILL APARTMENTS Nature Isn’T Just Beautiful, Even in Small Doses It Changes the Way We Feel
    JUBILEE MILL APARTMENTS Nature isn’t just beautiful, even in small doses it changes the way we feel The River Thames on your doorstep Welcome to Jubilee Mill, a collection of impressive wharf-style apartments that form part ofthe exciting new Taplow Riverside development. The two and three bedroom apartments and penthouses are situated in an idyllic riverside setting only a short walk from thriving Maidenhead. Set amongst beautiful landscaped parkland, in a highly sought-after location between the Thames and Jubilee Rivers, this really is luxury living at its best. CONTENTS 06 __________________________________ SITE PLAN 30 ______________________________ SPECIFICATION 09 ______________________________ LANDSCAPING 32 ____________________ PENTHOUSE FLOORPLANS 11 ___________________________________ INTERIORS 33 _____________________________________ NO. 150 19 ________________________________ FLOORPLANS 34 ______________________________________NO. 151 20 _____________________________________ NO. 127 35 _____________________________________ NO. 152 21 ______________________________________ NO. 128 36 _______ PENTHOUSE SPECIFICATION FOR NO. 150 22 _______________________________ NOs. 129 & 130 38 __ PENTHOUSE SPECIFICATION FOR NOs. 151 & 152 23 ______________________________________NO. 131 43 ________________ SUSTAINABILITY AT ITS HEART 24 ______________________________________ NO.132 44 ______________________ BUY WITH CONFIDENCE 25 _____________________ NOs. 133, 134, 141, 142 & 149 46 __________________________ DESIGNED FOR LIFE 26 ________________________
    [Show full text]
  • Annual Report 2020
    Berkeley Group 2020 Annual Report Building homes Strengthening communities Improving lives 2020 Annual Report Tony Pidgley CBE, 1947–2020 Since the issue of Berkeley’s results for the year ended 30 April 2020 we have with the greatest sadness announced the death of our founder and Chairman Tony Pidgley CBE. Tony’s values, vision and philosophy are deeply embedded within Berkeley and all it does and stands for. The 2020 Annual Report reflects Tony’s lifelong passion for creating quality homes, strengthening local communities and improving people’s lives. Berkeley at a Glance Berkeley builds homes and communities across London, Birmingham and the South-East of England. We focus on large-scale regeneration developments where our unique expertise and strong capital base can unlock long-term social and economic value for our stakeholders. We are a purpose driven company, with a clear long-term vision and deeply embedded culture and values that shape everything we do, underpinning our success, our brand and the positive contributions we make to society, the economy and the natural world. Our Purpose is to build quality homes, Our Values strengthen communities and improve Have Integrity – build trust by being people's lives. open, clear and credible Our Vision is to be a world-class Be Passionate – take pride in what business, defined by the quality of the we do and the impact we make places we create, generating long-term value and having a positive impact Think Creatively – find individual on society. solutions for every site and situation
    [Show full text]
  • Countryside Properties PLC Annual Report 2019
    PLACES PEOPLE LOVE Countryside Properties PLC Annual report 2019 Countryside Properties PLC Annual report 2019 OUR PURPOSE We believe in delivering enduring value by creating P lPlacemaking a c e s is Peoplemore than Love geography – it is a practice and a philosophy, as much about the feeling people experience in their homes as the physical buildings. Below: St. Luke’s Park, Essex; Front cover: Beaulieu, Essex We are committed to CONTENTS Strategic report 2 Understanding Countryside through stakeholder engagement 4 2019 performance and highlights 6 Chairman’s statement 8 Group Chief Executive’s review 12 Our business model 14 Stakeholder engagement 18 Market review Employees 22 Our strategy 24 Our key performance indicators Read more on page 39 39 26 Operational review 26 Partnerships 30 Housebuilding 34 Group Chief Financial Officer’s review 38 Our people Customers 41 Sustainability report 50 Non-financial information statement Read more on page 31 51 Risk management 31 54 Principal risks Governance 56 Chairman’s introduction to governance Investors 58 Board of Directors 60 Executive Committee Read more on page 5 62 Corporate governance report 5 68 Report of the Audit Committee 72 Report of the Nomination Committee 74 Directors’ remuneration report 77 Remuneration policy report 84 Annual report on remuneration Communities 91 Directors’ report 94 Statement of Directors’ responsibilities Read more on page 27 27 in respect of the financial statements Financial statements 95 Independent auditor’s report 101 Consolidated statement of Partners
    [Show full text]
  • List of Public Interest Entities
    APPENDIX A LIST OF PUBLIC INTEREST ENTITIES Please note this list includes those 300 audit clients, for whom we issued an audit opinion between 1 July 2011 and 30 June 2012, who have issued transferable securities on a regulated market (as defined in the Statutory Auditors (Transparency) Instrument 2008 (POB 01/2008). 4IMPRINT GROUP PLC ABERFORTH GEARED INCOME TRUST PLC ACCIDENT EXCHANGE GROUP PLC AEA TECHNOLOGY GROUP PUBLIC LIMITED COMPANY AFRICAN BARRICK GOLD PLC AGGREKO PLC AIRE VALLEY MORTGAGES 2004 - 1 PLC AIRE VALLEY MORTGAGES 2005-1 PLC AMLIN PLC ANGLIAN WATER SERVICES FINANCING PLC ARKLE MASTER ISSUER PLC ARM HOLDINGS PLC ASTERAND PLC AVON RUBBER PLC BABCOCK INTERNATIONAL GROUP PLC BAGLAN MOOR HEALTHCARE PLC BAILLIE GIFFORD JAPAN TRUST PLC BAILLIE GIFFORD SHIN NIPPON PLC BANK OF SCOTLAND PLC BARCLAYS BANK PLC BARCLAYS PLC BERENDSEN PLC BG ENERGY CAPITAL PLC BG GROUP PLC BIRMINGHAM AIRPORT (FINANCE) PLC BLACKROCK LATIN AMERICAN INVESTMENT TRUST BOS (SHARED APPRECIATION MORTGAGES) NO. 1 PLC BOS (SHARED APPRECIATION MORTGAGES) NO. 2 PLC BOS (SHARED APPRECIATION MORTGAGES) NO.3 PLC BOS (SHARED APPRECIATION MORTGAGES) NO.4 PLC BRADFORD & BINGLEY PLC BRAMMER PLC BRISTOL & WEST PLC BRITISH AMERICAN TOBACCO PLC BRITISH TELECOMMUNICATIONS PLC BT GROUP PLC BUMI PLC BURBERRY GROUP PLC CAMELLIA PLC CAPE PLC CAPITAL & COUNTIES PROPERTIES PLC CAPITAL GEARING TRUST PLC CAPITAL SHOPPING CENTRES DEBENTURE PLC CAPITAL SHOPPING CENTRES GROUP PLC CAPITAL SHOPPING CENTRES PLC CARPETRIGHT PLC CATLIN UNDERWRITING CENTAUR MEDIA PLC CENTRICA PLC CHELTENHAM
    [Show full text]
  • The Berkeley Group Holdings Plc Interim Results Presentation
    The Berkeley Group Holdings plc Interim Results Presentation Six months ended 31st October 2018 Interim Results Presentation Format of Presentation Woodberry Down Tony Pidgley CBE Chairman Richard Stearn Finance Director Rob Perrins Chief Executive Questions One Blackfriars Tony Pidgley CBE Chairman Richard Stearn Finance Director Finance Review Introduction - Summary of Performance - Summary of Financial Position - IFRS 15 Restatement and Guidance - Future Potential Share Dilution - Homes Completed and Average Selling Price - Income Statement - Abridged Cash flow - Abridged Balance Sheet - Inventories - Creditors - Financing - Land Holdings Finance Review Summary of Performance 31 October 2018 31 October 2017 Change (£) Change (%) Six months ended (Restated) Profit before tax £401.2m £539.9m -£138.7m -25.7% EPS – Basic 246.0p 320.5p -74.5p -23.2% EPS – Diluted 240.0p 312.0p -72.0p -23.1% Operating Margin 24.3% 30.9% -6.6% Pre-Tax Return on Equity * 30.5% 48.8% * Return on equity is calculated as profit before tax divided by the average of opening and closing net assets Finance Review Summary of Financial Position As at As at Change (£) Change (%) 31 October 2018 30 April 2018 (Restated) Balance Sheet Shareholders’ funds £2,671.0m £2,591.2m +£79.8m +3.1% Closing net cash (£859.7m) (£687.3m) -£172.4m Capital Employed £1,811.3m £1,903.9m -£92.6m -4.9% Net asset value per share 2,074p 1,938p +136p +7.0% Total shares in issue – excluding Treasury & EBT shares 128.7m 133.7m -5.0m -3.7% Cash due on forward sales £1.9bn £2.2bn -£0.3bn -13.6%
    [Show full text]
  • Navigating Change
    2018 NEXTGENERATION SUSTAINABILITY BENCHMARK REPORT NAVIGATING CHANGE ™ SCHOOL THE UK HOMEBUILDING SECTOR’S CONTRIBUTION TO A SUSTAINABLE FUTURE ™ NextGeneration is an annual sustainability NEXTGENERATION FACTS benchmark of the 25 largest homebuilders Benchmarked companies in the UK directly employ 65,445 people NextGeneration enables homebuilders, Government, registered providers (RPs), investors, employees and the public to understand the sustainability of homebuilders’ operations and the new homes they build. 3 NextGeneration works by inspiring companies to Assessment report against a range of criteria - developed in Categories: collaboration with the industry for over ten years - relating to high-quality, sustainable homebuilding. • Robust governance & strategy The assessment is primarily based on publicly • Respect for the environment available information and has been a key driver • Contribution to society & economy of greater transparency and accountability within the sector. By showcasing leading firms, NextGeneration aims to create healthy competition amongst homebuilders and ultimately encourage them to deliver more sustainable homes and communities. £29bn NextGeneration member companies benefit total turnover from: of benchmarked companies • Detailed insight into market trends • A clear understanding of industry best practice. • Enhanced assessments and bespoke reports to help improve their performance. • Networking and knowledge-sharing events, to 25 aid collaboration and create solutions. of the largest UK • The opportunity
    [Show full text]