Bellway: Not Losing The Plot
Bellway: Not Losing The PlotBellway plc (LON:BWY) walked into this morning’s earnings with a whole lot of confidence. And in fairness, the homebuilder was able to justify plenty of the pep in its step. Demand hasn’t wavered, and neither has Bellway’s ability to jack up prices and widen its margin too. Q1 2022 hedge fund letters, conferences and more It’s been a massive beneficiary of the UK housing market’s boom, taking advantage of the past two years’ record high demand and prices. But what now that the market’s showing signs of slowing? Bellway isn’t paring back its forecasts. It’s opting fo...