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Bellway PLC (BWY.L)

BWY.L on London Stock Exchange

3,016.00GBp
8:07am EDT
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Latest Key Developments (Source: Significant Developments)

Bellway Says Value Of Order Book Rose To £1,703 Mln As At June 3
Tuesday, 12 Jun 2018 02:00am EDT 

June 12 (Reuters) - Bellway PLC ::BOARD EXPECTS COMPLETIONS FOR YEAR ENDING 31 JULY 2018 TO EXCEED THOSE ACHIEVED LAST YEAR BY AROUND 600 UNITS.VALUE OF ORDER BOOK AT 3 JUNE IS 7.8 PCT AHEAD AT £1,703 MILLION (4 JUNE 2017 - £1,580 MILLION).ORDER BOOK AT 3 JUNE COMPRISES 6,144 HOMES (4 JUNE 2017 - 5,819 HOMES), OF WHICH 67 PCT ARE CONTRACTED.FOR FULL YEAR, BELLWAY IS ON TARGET TO COMPLETE SALE OF IN EXCESS OF 10,000 HOMES.BELLWAY PLC SAYS DEMAND FOR NEW BUILD HOMES "REMAINED STRONG" IN THE PERIOD FROM 1 FEBRUARY TO 3 JUNE 2018.  Full Article

Bellway says HY profit climbs 16.5 pct‍​
Tuesday, 20 Mar 2018 03:00am EDT 

March 20 (Reuters) - Bellway Plc ::INTERIM DIVIDEND UP 28 PERCENT TO 48 PENCEPER SHARE.H1 PRETAX PROFIT ROSE 16.6 PERCENT TO 288.7 MILLION STG.‍FORWARD ORDER BOOK AT 11 MARCH WAS 7.7% AHEAD AT £1,524.9 MILLION (12 MARCH 2017 - £1,415.4 MILLION) AND COMPRISES 5,485 HOMES​.HY REVENUE ‍1,324.4​ MILLION POUNDS VERSUS 1,148.5 MILLION POUNDS.HY ‍INCREASE IN OPERATING PROFIT, WHICH ROSE BY 16.5% TO £294.2 MILLION (2017 - £252.6 MILLION).​.‍FOR FY, BOARD EXPECTS VOLUME WILL GROW BY AROUND 600 HOMES, THEREBY ENABLING GROUP'S HOUSING OUTPUT TO EXCEED 10,000 NEW HOMES PER ANNUM​.HY ‍VOLUME GROWTH OF 6.3% TO 4,741 HOMES​.‍EARNINGS PER SHARE ('EPS') ROSE BY 16.9% TO 191.6P (2017 - 163.9P).​.‍A STRONG TRADING PERFORMANCE RESULTED IN OPERATING MARGIN RISING FURTHER TO 22.2% (2017 - 22.0%).​.‍INTERIM DIVIDEND HAS INCREASED BY 28.0% TO 48.0P PER SHARE (2017 - 37.5P).​.‍FOR FULL YEAR, BOARD EXPECTS THAT VOLUME WILL GROW BY AROUND 600 HOMES, THEREBY ENABLING GROUP'S HOUSING OUTPUT TO EXCEED 10,000 NEW HOMES PER ANNUM FOR FIRST TIME IN ITS HISTORY.​.  Full Article

Bellway Says ‍HY Housing Revenue Expected To Rise By In Excess Of 14%
Thursday, 8 Feb 2018 02:00am EST 

Feb 8 (Reuters) - Bellway Plc ::‍HY HOUSING REVENUE IS EXPECTED TO RISE BY IN EXCESS OF 14% TO AROUND £1.3 BILLION.HY ‍AVERAGE SELLING PRICE HAS RISEN BY ALMOST 7.8% TO A RECORD £276,000​.‍HY FURTHER VOLUME GROWTH, WITH 6.3% RISE IN NUMBER OF HOUSING COMPLETIONS TO 4,741​."‍MARKET CONDITIONS CONTINUE TO BE FAVOURABLE AND CUSTOMER DEMAND FOR NEW HOMES REMAINS STRONG"​.‍GROUP WILL BE ABLE TO REPLICATE RATE OF VOLUME GROWTH ACHIEVED IN FIRST HALF​.‍COMPLETE SALE OF AROUND AN ADDITIONAL 600 HOMES FOR YEAR ENDING 31 JULY 2018​.  Full Article

Bellway says ‍mike Toms to retire as chairman of board committee on executive directors' remuneration
Tuesday, 24 Oct 2017 09:21am EDT 

Oct 24 (Reuters) - BELLWAY PLC ::‍MIKE TOMS, NON-EXEC DIRECTOR AND CHAIRMAN OF BOARD COMMITTEE ON EXEC DIRECTORS' REMUNERATION WILL RETIRE FROM BOARD AT CONCLUSION OF AGM​.‍JILL CASEBERRY, NON-EXEC DIRECTOR, WILL TAKE OVER AS CHAIR OF BOARD COMMITTEE ON EXECUTIVE DIRECTORS' REMUNERATION AFTER TOMS' RETIREMENT.  Full Article

Bellway says FY pretax profit was ‍560.7​ mln stg
Tuesday, 17 Oct 2017 02:00am EDT 

Oct 17 (Reuters) - Bellway Plc ::TOTAL DIVIDEND 122 PENCEPER SHARE.BELLWAY PLC - FY REVENUE ‍2,558.6​ MILLION POUNDS VERSUS 2,240.7 MILLION POUNDS A YEAR AGO.BELLWAY PLC - ‍ORDER BOOK AT 1 OCTHAS GROWN BY 17.4% TO £1,361.5 MILLION (2 OCT 2016 - £1,159.3 MILLION); COMPRISES 5,034 HOMES (2 OCTOBER 2016 - 4,701 HOMES)​.BELLWAY PLC - FY PROFIT BEFORE TAX ‍560.7​ MILLION POUNDS VERSUS 497.9 MILLION POUNDS A YEAR AGO.BELLWAY PLC - EXPECTS GROUP TO GROW VOLUME BY AT LEAST 5% AND OVERALL AVERAGE SELLING PRICE TO INCREASE TO AROUND £280,000 IN CURRENT FINANCIAL YEAR​.  Full Article

Bellway says CEO Ted Ayres takes medical leave
Monday, 14 Aug 2017 10:30am EDT 

Aug 14 (Reuters) - BELLWAY PLC ::SAYS THAT TED AYRES, CHIEF EXECUTIVE, IS TAKING A LEAVE OF ABSENCE FROM COMPANY IN ORDER TO UNDERGO TREATMENT FOR A MEDICAL CONDITION.DURING THIS PERIOD OF ABSENCE JOHN WATSON WILL TAKE UP POSITION OF EXECUTIVE CHAIRMAN.SAYS THAT JASON HONEYMAN WILL BE APPOINTED TO BOARD AS CHIEF OPERATING OFFICER ON SEPT. 1.  Full Article

Bellway expects FY housing revenue to increase by over 13 pct
Tuesday, 8 Aug 2017 02:00am EDT 

Aug 8 (Reuters) - BELLWAY PLC :ISSUING A TRADING UPDATE FOR YEAR ENDED 31 JULY 2017 AHEAD OF ITS PRELIMINARY RESULTS ANNOUNCEMENT ON TUESDAY 17 OCTOBER 2017.FY HOUSING REVENUE IS EXPECTED TO INCREASE BY OVER 13% TO £2.5 BILLION.OPERATING MARGIN IS EXPECTED TO RISE TO SLIGHTLY IN EXCESS OF 22% FOR YEAR ENDED 31 JULY 2017.ORDER BOOK AT 31 JULY 2017 ROSE BY 16% TO £1,296.3 MILLION.  Full Article

UPDATE 1-UK's Bellway profit rises, sees new home output crossing 10,000

March 20 British housebuilder Bellway Plc said a strong order book would help its new home output cross 10,000 units per annum for the first time, after posting a rise in first-half pretax profit on Tuesday.