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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Pre-tax profit hit by £20m charge despite record completions in first six months of the year
Bellway has reported a drop in pre-tax profit for the first half of its financial year after being forced to write-off another £20m for fire safety repairs to existing homes.
Pre-tax profit at the housebuilder fell by 4% to £280m despite strong trading in the six months to January 31 as the housing market surged back to life following the 2020 spring lockdown.
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