Bellway p.l.c. Announces Revenue Results for the Year Ended July 31, 2021
August 10, 2021 at 02:00 am EDT
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Bellway p.l.c. announced revenue results for the year ended July 31, 2021. The company has achieved Strong recovery in housing revenue, which rose by 41% to over £3.1 billion (2020 - £2,204.4 million), and only 2.5% below the level achieved in financial year 2019. The number of housing completions rose by 34.8% to 10,138 (2020 - 7,522, 2019 - 10,892). In addition, geographical mix changes and the benefit of underlying house price inflation have resulted in the overall average selling price rising by 4.4% to over £306,000 (2020 - £293,054).
Bellway p.l.c. is a United Kingdom-based home construction company engaged in the building and selling of homes, ranging from one-bedroom apartments up to six-bedroom family homes, as well as providing social housing-to-housing associations. The Company operates into approximately 22 divisions, covering centers across England, Scotland and Wales. The Company's brands include Bellway, Ashberry brand and Bellway London. Bellway brand is engaged in building quality homes in selected locations inspired by the needs of families. Ashberry brand is used on larger sites, where the site layout and market demand justify two selling outlets. The Bellway London brand covers all their developments in London boroughs and commuter towns. Its properties range from one-bedroom apartments to four-bedroom houses. The Company's subsidiaries include Bellway Homes Limited, Bellway Housing Trust Limited, Bellway Properties Limited, Bellway (Services) Limited and Litrose Investments Limited.
BELLWAY P.L.C. 
