Bellway plc

Difficult trading conditions continue

  • Sectors : Construction and Housebuilding
  • Companies : Bellway plc

Ratings and price correct at time of issue.

  • Bellway plc

    Closing Price: 1985p

  • RATING 24/03/14

  • PREVIOUS RATING 10/09/13

    NEUTRAL

DAVY VIEW

Current trading for Bellway remains challenged. The net private reservation rate per outlet per week fell 6% year-on-year (yoy) in the period from August 1st to October 5th. The company now expects completions to decrease by roughly 5% in FY27. While the announcement of the Your First Home scheme is positive, Bellway noted that the timing of purchase decisions may be impacted prior to its launch.

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Oct 13 2026, 08:05 IST/BST

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