Bellway profits up, margins slip, buyback proposed
Bellway has reported underlying operating profit up 5.6% to £320.6m, with margins reduced from 10.9% to 10.1%. Housing completions rose 10.8%. The company has proposed a £150m share buyback.
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Bellway has reported underlying operating profit up 5.6% to £320.6m, with margins reduced from 10.9% to 10.1%. Housing completions rose 10.8%. The company has proposed a £150m share buyback.
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