Bellway PLC
BWY: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|r^^ | LOCK|?GC | LOCK|#kgp^# |
Bellway Earnings: Management Expects Margins to Reach a Trough in Fiscal 2027
Bellway completions rose 10.8% to 9,695 homes in fiscal 2026, but management indicated volumes and margins will be lower in fiscal 2027, without providing a margin range. Volumes are expected to be down about 5% at the midpoint, with average selling prices in line with fiscal 2026.
