Bellway targets 9,000–9,400 completions as margins fall
Bellway targets total completions of 9,000 to 9,400, compared with 9,695 in the prior year. It says subdued trading conditions have continued and customer demand remains constrained by affordability pressures.
“Since the start of the new financial year, the subdued trading conditions experienced from late spring have continued. Customer demand remains constrained by affordability pressures, with mort…