Company of the week: Bellway

Housebuilder Bellway (LSE: BWY) is in rude health. Half-year profits were up by 70% on the back of selling 25% more houses at prices that were 13% higher. Government subsidy scheme, Help to Buy, accounted for nearly a third of reservations. Bellway is also helped by having a lot of building plots in the south of England, which accounted for 62% of its sales.

Analysts expect the good times to keep on rolling. As profit margins and return on capital have yet to reach their pre-crisis peaks, you can see why they hold this view.

That said, builders have [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Don't be spooked by Putin

Take a punt on eastern Europe

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.