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贝尔维公司:Bellway PLC (BWY.L): Volume momentum intact; costs and incentives to weigh on margins-20260610
Citi· 2026-06-10 15:11
Action | 10 Jun 2026 01:44:26 ET │ 12 pages Bellway PLC (BWY.L) Volume momentum intact; costs and incentives to weigh on margins CITI'S TAKE Bellway's latest update highlights resilient volume visibility as management expects bulk sales to support delivery and remains confident on sustaining momentum into FY27 and achieving its FY28 volume targets. The land bank provides good forward visibility, with the replacement strategy increasingly skewed towards the North, where demand remains stronger and sales rate ...