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.
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.
-
Private school fees soar and VAT threat looms – what does it mean for you?
Rising private school fees could see more than one in five parents pull their children out of their current school. Before you remortgage, move house or look to grandparents for help, here’s what you need to know.
By Katie Williams Published
-
Best and worst UK banks for online banking revealed
When it comes to keeping your money safe, not all banks are equal. We reveal the best and worst banks for online banking when it comes to protecting your money from scams
By Oojal Dhanjal 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