Bellway plc

FY25 to be ahead with a good end to the year; FY26 reiterated

  • Sectors : Construction and Housebuilding
  • Companies : Bellway plc

Ratings and price correct at time of issue.

  • Bellway plc

    Closing Price: 2438p

  • RATING 24/03/14

  • PREVIOUS RATING 10/09/13

    NEUTRAL

DAVY VIEW

The FY25 results at Bellway will be ahead of expectations, driven by small beats on both volume and average selling prices. The company has seen a better summer period (June/July) than peers have reported and this has allowed the business to effectively reiterate pervious guidance on FY26 volumes. We continue to prefer Bellway relative to the sector.

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Aug 12 2025, 08:07 IST/BST

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