Bellway ‘encouraged’ by year’s start despite drop in profit

By Daniel Gayne2024-03-26T11:54:00

Revenue and completions also down in interim results

Bellway has reported reduced profit and revenue in its latest interim results, but bosses say they are encouraged by a positive start to this year.

The housebuilder’s results for the half-year ended 31 January showed revenue had dropped to £1.27bn, down 30% from the £1.81bn recorded in the same period the year before.

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