Bellway publishes 2026 annual report

By Public Technologies
  • Bellway’s 2026 annual report showed home completions rose 10.8% to 9,695, supported by a stronger opening order book.
  • Underlying operating margins narrowed as build costs increased, site durations lengthened and sales incentives rose amid affordability pressures.
  • Reduced investment in land and work in progress strengthened cash generation, supporting share buybacks and selective land purchases.
  • A new timber-frame factory opened in January 2026, supporting efforts to shorten construction times and improve capital efficiency.


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