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Bellway posts drop in FY profit, to build fewer homes

Published by Michele Maatouk on 17th October 2023

(Sharecast News) - Housebuilder Bellway reported an 18.1% fall in full-year underlying pre-tax profit on Tuesday amid a "challenging" market, with demand dented by rising mortgage rates, and warned it will build fewer homes in 2024.

URL: http://www.digitallook.com/dl/news/story/33841310/...

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