UK's Bellway slides after trimming FY margin outlook

Bellway

24/03/2026 09:04

** Shares of homebuilder Bellway BWY.L down 8.7% at 1,952p

** Stock among top losers on FTSE 250 .FTMC, which is down about 0.5%

** Co expects FY26 underlying operating margin of about 10.5%, down from previous guidance of 11%

** Stock has fallen about 29% YTD

(Reporting by Judes Joseph in Bengaluru)

((judes.joseph@thomsonreuters.com;))