In the six months to 31st January 2019 Bellway increased its pre-tax profit by nearly 9% to 拢313.9m (2018: 拢288.7m) on revenue up 12% to 拢1,488m (2018: 拢1,324m).
鈥淭he group has achieved substantial volume growth and, following 10 consecutive years of rising output, the number of homes sold by Bellway has risen by almost 150%,鈥� said chairman Paul Hampden Smith.
Bellway sold 5,007 homes in the first half of its current financial year at an average price of 拢293,800. This compares to 4,741 homes in the same period the previous year at an average price of 拢275,900.
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