Daily Stock Market Report (Fri 13th March 2026) - BKG, SRAD, STB

Good morning! It's a fairly quiet day for results today, as usual for Friday. 
That's all for today and for this week. Thank you for all your comments - see you on Monday!

Spreadsheet accompanying this report: link.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)Berkeley group (LON:BKG) (£3.5bn | SR75)Trading StatementReiterates guidance for FY26 pre-tax profit of £450m “and a similar level for FY27”, together with target net cash of c.£300m. Trading has been constrained by consumer confidence. The situation in the Middle East “is weighing heavily on risk sentiment” and “we await to see the impact of this on the market”.AMBER = (Roland)London brownfield specialist housebuilder Berkeley says profits for the year to 30 April 2026 should be in line with expectations, but warns of a hat-trick of headwinds: planning delays, cost inflation and the impact of the Middle East conflict on interest rates are all cited as current issues.With the stock now trading at around book value, Berkeley is cheaper than I can remember seeing this stock. I can imagine that value could emerge at this level.However, profit guidance reiterated today suggests the business is only likely to generate a...