Bellway p.l.c. announced revenue results for the year ended July 31, 2018. For the year, the company has grown total revenue by around 16% to a record of almost £3 billion against £2,558.6 million a year ago. In achieving this growth, the Group has completed the sale of 10,307 new homes against 9,644 homes a year ago, an increase of 663 compared to the prior financial year and broadly equivalent to the output of an additional, mature operating division.

As previously reported, the operating margin for the full financial year is expected to be around 22% (2017 – 22.3%) and this, together with the rise in revenue, will result in substantial full year earnings growth.