Bellway exceeds targets and enjoys a bright Spring

Bellway has exceeded its targets for the six months to the end of January, with completions up 4% to 2,322 and pre-tax profit up 26% to £24 million.

Chairman Howard Dawe said that visitors and reservations “have returned to the pattern of a traditional Spring market” and welcomed last week’s Budget announcements.

Sourced from: House Builder

However, consumer confidence remains fragile, said Dawe, and could be adversely affected by factors outside Bellway’s control.

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