Bellway has secured 75% of its forward sales target for the current year. Speaking at the company’s annual general meeting Howard Dawe, chairman, said: “Whilst we started the financial year with carry forward sales slightly below the previous year’s record levels, we have now secured almost 75% of this current year’s target. This strong position gives the Board confidence of achieving its expectations for the year.” He added: “Although we have been greatly encouraged by the level of sales achieved on a year to date basis, until the strength of the spring selling season is known, it is difficult to predict how the housing market will unfold.”