Bellway faces housing difficulties
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Bellway faces housing difficulties
Housebuilder Bellway warned that conditions since the beginning of the current financial year had remained difficult but an increase in the number of developments meant private house sales were up on the same period last year. Planning delays were having an adverse effect on return on capital and with the challenging market conditions was putting pressure on margins. Pre-tax profits in the year to July were pounds 34m (pounds 28m), struck from sales of pounds 267m (pounds 201m). Earnings per share were 21.4p (17.3p).
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments