Bellway (BWY)

Sector:

Household Goods

Index:

FTSE 250

2,098.00p
   
  • Change Today:
      21.00p
  • 52 Week High: 4,310.00
  • 52 Week Low: 1,879.00
  • Currency: UK Pounds
  • Shares Issued: 123.34m
  • Volume: 248,482
  • Market Cap: £2,587.63m
  • RiskGrade: 347

Bellway reports record H1 output; Sees FY in line

By Frank Prenesti

Date: Friday 07 Feb 2020

LONDON (ShareCast) - (Sharecast News) - House builder Bellway reported record first half volume output, with the completion of 5,321 new homes, a rise of 6.3%, as it said full year profits would be in line with estimates.
Housing revenue rose by almost 4% to around ?1.5bn, mainly driven by strong growth in housing completions, which rose by 6.3% to 5,321, partially offset by a 2.5% fall in the average selling price.

The company on Friday said the rise had been driven by low interest rates and higher loan to value mortgage products due to the government's help to buy scheme.

"The pricing environment remained firm, although there remain ongoing challenges in relation to higher priced homes," Bellway said.

"In addition, there continues to be upward pressure on construction costs across the wider sector. Bellway is implementing a number of ongoing initiatives in order to help mitigate these cost increases."

Bellway said pre-tax profits were expected to be in line with market guidance of ?622m.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bellway Market Data

Currency UK Pounds
Share Price 2,098.00p
Change Today 21.00p
% Change 1.01 %
52 Week High 4,310.00
52 Week Low 1,879.00
Volume 248,482
Shares Issued 123.34m
Market Cap £2,587.63m
RiskGrade 347

Bellway Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.87% above the market average62.87% above the market average62.87% above the market average62.87% above the market average62.87% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Price Trend
29.93% below the market average29.93% below the market average29.93% below the market average29.93% below the market average29.93% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Income
78.47% above the market average78.47% above the market average78.47% above the market average78.47% above the market average78.47% above the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Growth
4.84% above the market average4.84% above the market average4.84% above the market average4.84% above the market average4.84% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 11
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 15
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bellway Dividends

  Latest Previous
  Final Interim
Ex-Div 28-Nov-19 23-May-19
Paid 08-Jan-20 04-Jul-19
Amount 100.00p 50.40p

Trades for 02-Apr-2020

Time Volume / Share Price
13:52 63 @ 2,098.00p
13:52 50 @ 2,100.00p
13:52 99 @ 2,100.00p
13:52 77 @ 2,100.00p
13:52 48 @ 2,100.00p

Bellway Key Personnel

Chair Paul Hampden Smith
CEO Jason Honeyman

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