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3 days ago · At £32.66 per share, the Bellway share price was 7% higher in Tuesday trade, making it the FTSE 250’s biggest gainer. For the 12 months to July, revenues at the firm toppled 30.1% year on year ...
4 days ago · Bellway told markets this morning that profit fell by 44.6 per cent in the year ended 31 July, from £687.3m to £381.1m. Revenue, too, dropped by 30.1 per cent to £2.3bn, from £3.4bn in 2023 ...
4 days ago · Tyne and Wear-based housebuilder Bellway (BWY) pleased the market with its outlook for ‘strong multi-year growth’ despite a drop in revenue and completions in the year to July. The shares climbed as much as 280p or 9% to a new 12-month high of £33.34 before settling back at £32.62 for a gain of 210p or almost 7% by mid-morning and lifted ...
3 days ago · Analysts at Berenberg raised their target price on housebuilder. Follow. from 2,900.0p to 3,200.0p on Wednesday following the group's FY24 earnings a day earlier. Berenberg said Bellway, like its peer group, has experienced "a very challenging two-year period", with both a "significant decline" in customer demand, as well as "brutal margin ...
Read all the latest Bellway plc (BWY) Ordinary 12.5p share news, regulatory announcements and tips.
4 days ago · The figures include a 30.1% fall in completions to 7,654 as revenue also tumbled by 30.1% to £2.38bn. Operating profits were slashed by more than 57% to £212.8m and pre-tax profits fell 62% to £183.7m. Bellway said a fall in site profitability had been driven by cost inflation, use of promotional incentives to entice buyers and a generally ...
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