<p><span>Berkeley Group is set to meet its profit guidance for the full year, with profit to be weighted more towards the second half.</span></p> <p><span>Giving a trading update for the period from May 1 to August 31 2022, the business said it had continued to “trade well” during the first four months of its financial year, with the value of its underlying sales above the end of the previous financial year ending April 30 2022.</span></p> <p><span>Because of this, the housebuilder is set to deliver a pre-tax profit for the end of the current financial year of £600 million and £625 million for the end of the following year. This year’s profit is anticipated to be “around 55%” weighted towards the second half which Berkeley said was in line with “production scheduling”.</span></p> <p><span>The continuing resilience of the market and second half weighting of revenue and profits meant forward sales were expected to be “marginally above” the £2.17 billion as of April 30 2022, Berkeley said.</span></p> <p><span>At the same time, the business noted the still “volatile” operating environment which was “little changed over the couple of months since the June results announcement”. Berkeley has continued to see overall cost inflation at 5-10% per …