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LONDON, March 26 (Reuters) - British housebuilder Bellway posted a 73 percent rise in first-half pretax profit after it sold 25 percent more new homes, with more of them in the higher-priced southern half of England.
The company reported pretax profit of 103.8 million pounds ($171 million) for the six months to end-January on Wednesday on revenue up 40 percent to 701.1 million pounds.
It said it had made a strong start to the spring selling season, with reservation rates in the six weeks since February 1 at an average 138 per week, up from 137 a week in the first half and 133 in the same period a year ago, from 225 sites.
$1 = 0.6059 British Pounds Reporting by Paul Sandle; editing by Kate Holton