Brief: Bellway Expects FY Adjusted Operating Profit At Around £320 Million
BRIEF-Bellway Expects FY Adjusted Operating Profit At Around £320 Million Aug 11 (Reuters) - Bellway PLC BWY.L:
BELLWAY PLC - TRADING UPDATE
BELLWAY - FY26 HOUSING COMPLETIONS UP 10.8% TO 9,695; UNDERLYING OPERATING PROFIT EXPECTED AROUND £320 MILLION
BELLWAY - FY26 HOUSING REVENUE UP OVER 13% TO £3.14 BILLION; ADJUSTED OPERATING PROFIT EXPECTED AROUND £320 MILLION
BELLWAY PLC: INDUSTRY CONTINUES TO FACE CHALLENGING HEADWINDS, INCREASING THE RISK OF A MORE PROLONGED PERIOD OF SOFTER CUSTOMER DEMAND
BELLWAY PLC: GROUP ENTERED FY26 WITH A STRONG FORWARD ORDER BOOK
BELLWAY - FORWARD ORDER BOOK AT 31 JULY 2026: 4,206 HOMES VALUED AT £1.20 BILLION
BELLWAY PLC: CONTINUING TO EXERCISE TIGHT CONTROL OVER OUR COST BASE
BELLWAY: INCREASE IN AVERAGE SELLING PRICE WAS DRIVEN BY GEOGRAPHIC AND MIX CHANGES, WITH NO UNDERLYING HOUSE PRICE INFLATION
BELLWAY - £50 MILLION BUYBACK TO LAUNCH FOR FY27
BELLWAY: CUSTOMER DEMAND THROUGHOUT AUTUMN WAS IMPACTED BY UNCERTAINTY AHEAD OF THE GOVERNMENT'S BUDGET
BELLWAY: SAW AN IMPROVEMENT IN TRADING IN EARLY PART OF SPRING SELLING SEASON
BELLWAY: CUSTOMER DEMAND MODERATES SINCE APRIL DUE TO RISING MORTGAGE RATES
BELLWAY: LOOKING AHEAD TO FY27, WE WILL CONTINUE WITH CONTROLLED LAND INVESTMENT TO REMAIN WELL-POSITIONED FOR FUTURE GROWTH
BELLWAY: NEAR-TERM OUTLOOK REMAINING UNCERTAIN
BELLWAY: WE CALL ON GOVERNMENT TO ACT NOW TO IMPROVE ACCESS TO HOUSING ACROSS ALL TENURES
Source text: ID:nRSK0443Qa
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