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Group reported pre-tax profits of more than £500m

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British homebuilder Berkeley Group Holdings has reported end-of-year pre-tax profits of £528m and announced that their new executive chairman will be Rob Perrins, the veteran CEO known in the industry as “Rob the Builder”, who succeeds Michael Dobson to become executive chairman.

As Dobson steps down in September, Perrins, who has caught the attention of deputy prime minister Angela Rayner in her mission to build 1.5m houses, will steer the company through a new strategic phase.