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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Profit and turnover up for giant housebuilder
Bellway has reported an 9.8% increase in profit in the first half of its reporting year in the face of inflation and supply chain issues.
The housebuilding giant, in its half-year results for the six months to 31 January, reported pre-tax profit of £308m, up from £280m in the same period the previous year. Its revenue increased 3.5% to £1.78bn over the same period.
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