Deutsche Bank cut Bellway PLC (LSE:BWY) price targets and profit forecasts amid volume and margin pressure, but kept its 'buy' rating. The bank reduced its target by 8% to 2,685p from 2,917p.
Bellway p.l.c. (BLWYY) Q4 2026 Earnings Call Transcript
Bellway PLC (LSE:BWY), the UK housebuilder, reported a 21.8% rise in annual pre-tax profit and announced a £150 million share buyback for the current financial year despite warning that completions and margins are set to fall. Reported profit before tax increased to £270.2 million for the year to 31 July from £221.9 million, while underlying pre-tax profit rose 5.7% to £305.7 million.
| Real Estate Management & Development Industry | Real Estate Sector | Jason Michael Honeyman CEO | OTC PINK Exchange | 079890109 CUSIP |
| GB Country | 2,719 Employees | 22 May 2026 Last Dividend | - Last Split | - IPO Date |
Bellway p.l.c. is a renowned home building company operating within the United Kingdom, distinguished for its comprehensive array of residential properties. Since its inception in 1946, Bellway has grown significantly, establishing itself as a key player in the UK's housing sector. The company has a broad geographical presence across the nation, with its headquarters located in Newcastle upon Tyne. Over the years, Bellway has expanded its operations to encompass the development and sale of various types of homes, catering to a wide range of customer needs and preferences. Its commitment to building high-quality homes has solidified its reputation among homeowners and investors alike.
Bellway p.l.c. offers a diverse portfolio of homes and housing solutions, designed to meet the varying demands of the modern homeowner. The products and services provided by the company include: