If only you’d invested in: Bellway
Bellway is a major house builder in the UK. Over the year to July the firm’s pre-tax profits rose 12.6% to £561m while revenues were up around 14% to £2.6bn.
Bellway (LSE: BWY) is a major house builder in the UK. Over the year to July the firm's pre-tax profits rose 12.6% to £561m while revenues were up around 14% to £2.6bn.
During the same period it also reported a 10.6% increase in the number of houses sold, as strong demand, low interest rates and government assistance for new buyers boosted sales. Meanwhile, the average selling price of its private houses rose by 3% to just over £260,000.
Be glad you didn't
Go-Ahead Group (LSE: GOG) provides bus and rail passenger services in the UK and Singapore. In the four months to October it saw a fall in passenger journeys due to delays, cancellations and strikes. It reported a slowdown in passenger revenue growth on its Southeastern train service.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
However, its Govia Thameslink Railway (GTR) franchise is on track to be profitable over the full course of the contract, which runs until 2021.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
-
Older savers dangerously unprepared for financial shocks in retirement
Most over-50s haven’t factored in the cost of care when planning for retirement, or other financial hurdles like long-term illness. We share four tips to boost your financial resilience.
By Katie Williams Published
-
Domino’s Pizza faces £3m hit from the Budget - should you invest?
Domino’s Pizza Group has forecast a £3 million tax hit following the Autumn Budget
By Chris Newlands Published
-
Despite cooling UK house prices, builders are charging ahead
Tips The rate of UK house price growth is slowing. But demand for new houses remains high, and housebuilders are firing on all cylinders. Rupert Hargreaves picks the best stocks in the sector.
By Rupert Hargreaves Published
-
Should you buy housebuilders?
Features House builders have seen their shares hammered since the Brexit vote. Is there further to fall – or is this a buying opportunity? Sarah Moore investigates.
By Sarah Moore Published
-
Company in the news: Bellway
Features Bellway is a housebuilder that is doing well, says Phil Oakley. So should you buy the shares?
By Phil Oakley Published
-
Company of the week: Bellway
Features Housebuilder Bellway is in rude health, says Phil Oakley. But are the shares still a buy?
By Phil Oakley Published