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Oct 15 2019, 08:15 IST/BST
Bellway plc
FY 2019 numbers in line; caution around FY 2020
- Sectors : Construction and Housebuilding
- Companies : Bellway plc
DAVY VIEW
Bellway’s FY 2019 results this morning are slightly ahead of expectations. However, there is caution around the outlook, driven by Brexit and, despite a good start to the year, some downward pressure to estimates is likely due to an absence of house price inflation in the coming year.
