@sharesifysocial.bsky.socialBellway balances positive results with a cautious outlook:
Newcastle-based developer delivered a strong performance in the financial year to July and is taking a prudent view of the next 12 months.
@bellwayhomes.bsky.social #BWY #housing #UKstocks #investing
@conkers3.bsky.social#BWY FY:
✅Revenue £3,162m Vs £2,782m
✅Profit £270.2m Vs £221m
✅U/L PBT +5.7% to £305.7m
✅Housing completions +10.8% to 9,695 homes
❌Expects market conditions to remain difficult due to higher mortgage rates & affordability pressures demand.
✅£150 million share buyback
@brokenbanker.bsky.socialgood results for #BYIT.L Bytes Technology, #GNC.L Greencore, #MARS.L Marston's. #WTB.L Whitbread; weak performance from housebuilder #BWY.L Bellway:
@sharesifysocial.bsky.social