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The latest update is out from Bellway ( (GB:BWY) ).
Bellway p.l.c. announced a 11.9% increase in housing completions during the six months ending January 31, 2025, reflecting strong performance amidst challenging market conditions. The company maintained a robust financial position with modest net debt, a strong land bank, and a healthy forward order book, indicating their readiness to capitalize on future growth opportunities in the UK housing market. Bellway’s strategic land investments and operational strengths position it well to deliver future volume growth, supporting long-term value creation for shareholders.
More about Bellway
Bellway p.l.c. operates in the housebuilding industry, focusing on the development of residential properties. The company is known for its construction of a wide range of homes, catering to various market segments across the UK.
YTD Price Performance: 1.12%
Average Trading Volume: 418,029
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.99B
For a thorough assessment of BWY stock, go to TipRanks’ Stock Analysis page.
