Business Strategy and Outlook| Grant Slade |
Bellway is the fourth-largest residential property developer in the U.K. market by revenue and annual home completions, and operates under a vertically integrated business model typical of the U.K. industry. Volume growth and consequent market share gains are the group’s current focus in creating value for shareholders. To support this growth, Bellway is invested in its land bank at an unprecedented level in fiscal 2021 with elevated levels of investment continuing into fiscal 2022. Build quality is a strategic focus for the group, evidenced by the consistent award of a 5-star House Builder Rating from the U.K.’s Home Builders Federation since 2017.