Finance

Bellway profit falls as housebuilder as it closes down sites

By 2020-03-25T09:02:00

New home construction site

House builder Bellway Homes has revealed a 7% fall in pre-tax profit for the six months to the end of January and has warned of “a period of substantial disruption” during the Covid-19 health crisis.

Pre-tax profit for the half year dropped to £291.8m, from £313.9m last year, despite a 3.6% rise in revenue to £1.54bn.

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