Bellway gets round Brexit with profit and dividend leap



Housebuilder Bellway said trading since the Brexit vote has “remained resilient” as it yesterday posted soaring profits amid a jump in the number of homes sold and average selling price.
The Newcastle-based firm, which has a Scottish divisional office in Hamilton, said pre-tax profit jumped by 40.6 per cent to £497.9 million in the year to 31 July, while the proposed total dividend per share rose by 40.3 per cent to 108p.
Chairman John Watson said it “delivered another record year, further increasing the number of new homes sold, which has resulted in a substantial growth in earnings”.... read more

 
19 October 2016 in Business, Views: 41
Source: Scotsman
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