Bellway builds record number of homes

摘要

Newcastle upon Tyne-based housebuilder Bellway has said that revenue in its latest financial year will top the £3bn mark when it publishes its annual results this autumn. In a trading update, the firm said turnover in the 12 months to July would be £3.2bn, a rise of 8% on last time. It said pre-tax profit was in line with market forecasts of £664m but admitted that operating margins would be lower than the 21.5% it reported in the first half and down from the 22.1% it posted to July 2018.