Bellway hit 10,000 homes sales

Bellway announced today (16th October) its preliminary results for the year ending 31st July 2018 showing record volume output and excellent financial performance. Bellway has exceeded the 10,000 homes barrier for the first time in its history, growing volume by 6.9% and completing the sale of 10,307 new homes in the year to July 31

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Bellway reaches more than 10,000 sales

Bellway has reported, for the first time in history it has completed the sale of more than 10,000 homes! Issuing a trading update for the year ending July 31 2018 ahead of its preliminary results announcement on October 16, the housebuilder said that during its financial year it completed the sale of 10,307 new homes,

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Good sales but cost challenges for Crest

Crest Nicholson and Bellway have reported good sales performances during the first half of the year, but Crest experienced dented margins thanks to continuing build cost inflation. During the six months to April 30 2018, Crest said its operating profit margin fell to 17.2% against the 19.1% achieved over the equivalent period the previous year.

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10.6% rise in completions for Bellway

Bellway have today announced housing completions rose 10.6% in the year ending July 31 2017 against the previous year. In its trading update released ahead of its preliminary results announcement on October 17, the housebuilder said it had achieved further volume growth, with completions rising to 9,644 during its financial year. Bellway’s housing revenue is

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Bellway continues to grow!

Bellway has seen housing completions in the six months to the end of January 2017 rise by 6.5% on last year at 4,462 (2016 – 4,188) as the firm reports positive market conditions. In a trading statement issued ahead of its annual results next month Bellway reports a substantial forward order book with a value

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Bellway’s half year show strong profits

Bellway’s pre-tax profit has risen over the last 6 months by 53.1% to £158.9 million compared to the equivalent period last year ending 31st January 2014. The average selling price of Bellway’s homes lifted 3.4% to £219,343, resulting in housing revenue rising from £688.2 million in 2014 to £823.4 million. Their completions rose 15.7% to

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