Bellway plc

FY24 volume guidance reiterated

  • Sectors : Construction and Housebuilding
  • Companies : Bellway plc

Ratings and price correct at time of issue.

  • Bellway plc

    Closing Price: 2810p

  • RATING 24/03/14

  • PREVIOUS RATING 10/09/13

    NEUTRAL

DAVY VIEW

H1 results are likely to be in line with the company’s expectations and full year guidance on volumes has been reiterated. Calendar 2024 appears to have had a decent start and Bellway is positioning itself for growth in FY25. We do not expect material estimate changes from today.

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Feb 9 2024, 08:05 GMT

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