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Aug 8 2019, 07:40 IST/BST
Bellway plc
FY profit to be in line with expectations; further volume growth expected in FY 2019/20
- Sectors : Construction and Housebuilding
- Companies : Bellway plc
DAVY VIEW
In the full year, Bellway has been able to more than offset the effect of margins being past-peak with good revenue growth. Results in October should be in line with expectations and further volume growth is expected in the coming year. There is also some additional evidence of a good summer market in new home sales in the UK.
