Bellway Expects Fiscal 2027 Operating Margins to Fall Further
The British homebuilder cited lower completions, rising mortgage rates and cost pressures amid the Middle East conflict.
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06:20:32 AM UTC
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UK's Bellway flags margin pressures in 2027 amid affordability and cost pressures
Bellway (LSE:BWY) said on Tuesday that it expects underlying operating margins to fall further in fiscal 2027, pressured by lower completions, rising mortgage rates and cost pressures amid the Middle East conflict.