Bellway profit set to fall

bellway

Housebuilder completes record number of homes in first half

Bellway expects profit to fall this year by around £40m despite growing consumer confidence in the first few weeks of this year.

The housebuilder issued a trading update this morning in which it said profit for the year to July was likely to be in line with expectations, which are that pre-tax profit will fall from £663m last year to around £620m this.

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