10 Aug Bellway produce record-breaking annual figures
Bellway have recorded their best ever annual figures – breaking through the 10,000 sales barrier for the first time.
The housebuilder, who will be exhibiting at Croydon Property Show on September 29, completed 10,307 sales in the year to the end of July 2018.
Jason Honeyman, chief executive, said: “Bellway has responded positively to the favourable market conditions, completing the sale of over 10,000 new homes for the first time in its history, whilst retaining a clear focus on quality and customer care.
“In doing so, the group has set a new earnings record and yet, having invested significantly in land, has ended the year with a strong net cash position.
“Trading has been robust and notwithstanding wider political and economic uncertainty in the UK, Bellway has both the financial and operational strength to respond opportunistically to future changes in market conditions.”