Bellway PLC Anticipates Future Growth Amidst Challenges

Bellway (GB:BWY) has released an update.

Bellway PLC reported a challenging year with a 30.1% drop in housing completions and revenue, but remains optimistic about future growth, anticipating a material increase in volume output for FY 2025. Despite lower profits and a reduced dividend, the company’s efforts in sustainable business practices have been recognized with industry awards, and they expect to leverage a quality land bank and government planning reforms to support long-term growth.

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