Bellway sees 'more moderate' house price growth in year ahead
Comments
By Reuters
A Bellway sign is seen at a housing construction site in London, Britain, February 5, 2017. REUTERS/Toby Melville
-
Copyright
Reuters Photographer(Reuters)
(Reuters) – Builder Bellway Plc <BWY.L> on Wednesday said it sees “further, more moderate growth” in the average selling price for houses in the year ahead.
The company said it expects to post a 16 percent rise in revenue to 3 billion pounds for the full year ending July 31, on higher sales and prices.
Bellway also said it expects substantial earnings growth for the full year.
(Reporting by Arathy S Nair in Bengaluru; Editing by Bernard Orr)
