Bellway shares jump as homebuilder eyes increased completions in 2025 By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2024
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Source: Investing.com
Positive Outlook for Bellway: Bellway shares rose 6.8% after the company announced plans to construct more homes in the 2025 financial year, supported by a stronger order book and easing mortgage rates despite a challenging previous year.
Market Conditions and Growth Potential: Analysts predict that with improving trading conditions and increased land market activity, Bellway is well-positioned to achieve significant volume growth, potentially leading to an upside in earnings forecasts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
