Bellway sees 25% rise in home volumes on solid order book
Reuters
Published Dec 11, 2020 07:30
(Reuters) - Housebuilder Bellway (LON:BWY) Plc on Friday forecast a 25% rise in annual volumes, saying home orders rose in the first few months of its fiscal year, as a temporary tax cut for buyers and a government assistance scheme boosted demand.
The company, which builds everything from one-bedroom apartments to six-bedroom family homes and luxury penthouses, said its forward order book rose 18.7% to 1.77 billion pounds ($2.36 billion) in the 17 weeks from Aug. 1 to Nov. 29.
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Written By: Reuters
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