Bellway continues its growth strategy

Oct. 13, 2015
<p>Bellway sold a record number of homes in the year to July 2015, helping the firm increase profit by 44% to £354.2 million. On the back of this, Bellway is raising its final dividend by 44% to 52p per share bringing the total for the year to 77p.</p> <p>In all Bellway sold 7,752 homes in the year, an increase of 13.2%. The firm says that it has the capacity to continue its growth strategy "investing in high quality locations" and opening a new south west division in Bristol and another in Kent.</p> <p>Chairman John Watson said: "The outlook remains positive and the strength of the forward order book should enable the group to achieve volume growth of up to 10% in the current financial year."</p>

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