LONDON, March 26 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)