Bellway Targets Completions Of 9,000-9,400 Homes For FY27

Oct 13 (Reuters) - Bellway PLC BWY.L:

• BELLWAY PLC - FULL YEAR RESULTS

• BELLWAY - BOARD INTENDS £150M FY27 SHARE BUYBACK; FIRST TRANCHE INCREASED TO £75M

• BELLWAY PLC: UK CONTINUES TO FACE A SUBSTANTIAL SHORTAGE OF NEW HOMES

• BELLWAY PLC - CUSTOMER DEMAND REMAINS CONSTRAINED BY ECONOMIC UNCERTAINTY AND AFFORDABILITY PRESSURES

• BELLWAY PLC: WELCOME GOVERNMENT'S PROPOSED YOUR FIRST HOME SCHEME

• BELLWAY - GROUP TARGETS FY27 COMPLETIONS OF 9,000-9,400 HOMES

• BELLWAY - FY27 AVERAGE SELLING PRICE EXPECTED AROUND £325,000

• BELLWAY - UNDERLYING OPERATING MARGIN EXPECTED TO REDUCE FURTHER IN FY27

• BELLWAY PLC - FORWARD ORDER BOOK AT 2 OCTOBER 2026 COMPRISED 4,981 HOMES WITH A VALUE OF £1,437.6M

• BELLWAY PLC - MANAGEMENT ACTIONS ARE UNDERWAY TO STRENGTHEN COST CONTROL AND OPERATIONAL EFFICIENCY, INCLUDING BROADER REVIEW OF OVERHEADS

• BELLWAY - PROPOSED FY26 TOTAL DIVIDEND UP 7.1% TO 75.0P PER SHARE

• BELLWAY PLC - FY TOTAL HOUSING COMPLETIONS INCREASED BY 10.8% TO 9,695 HOMES

• BELLWAY PLC - CURRENTLY ANTICIPATE OVERALL BUILD COST INFLATION OF AROUND 3% TO 4% IN FY27

• BELLWAY PLC - STRENGTHENING COST CONTROL AND OPERATIONAL EFFICIENCY THROUGH GREATER GROUP-WIDE STANDARDISATION

• BELLWAY PLC - TARGETING AN INCREASE IN TIMBER FRAME USE TO AROUND 30% OF HOUSING OUTPUT BY 2030

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