Bellway (GB:BWY) has released an update.
Bellway PLC has reported a robust spring selling season with a 6.9% increase in private reservation rates and a solid forward order book, indicating a strong position for growth in the 2025 financial year. The company anticipates a full-year output of around 7,500 homes with an overall average selling price of £305,000, boosted by product mix changes. With a disciplined approach to land acquisitions and a well-capitalized balance sheet, Bellway is poised to capitalize on future growth opportunities while paying an interim dividend of 16.0p per share.
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