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GROWTH & VALUE

IMPLIED MARGIN OF SAFETY (beta)
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Last ex-div: 22nd May, paid: 1st Jul more... Dividends
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FINANCIAL BRIEF: For the six months ended 31 January 2013, Bellway plc revenues increased 10% to L502.5M. Net income increased 51% to L46M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Finance Expenses/Interest Expenses decrease of 21% to L5M (expense). Dividend per share increased from L0.06 to L0.09. more »

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BROKER FORECASTS
31st Jul 2013
31st Jul 2014

Price Target: 1,407p (+5.21% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +25.6% (£) (p) (p) (£) (p) (p)
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14 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Bellway
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 5 4 5

Named Brokers and Analysts
Jefferies & Company, Inc. Anthony Codling , Credit Suisse Harry Goad , Investec Bank (UK) Plc Mike Bessell , Arbuthnot Securities (Hist) , Panmure Gordon Mark Hughes , N+1 Brewin , Numis Securities Chris Millington , Peel Hunt Robin Hardy , Collins Stewart & Co , Davy Robert Gardiner , Evolution Securities (Hist) , Northland Capital Partners Limited Simon Brown , FinnCap , MF Global (Historical) , Shore Capital Stockbrokers Jon Bell , Liberum Capital Charlie Campbell ,

Bellway p.l.c. is a holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom. Properties include The Coppice, Tempus, Evergreen East, the Heritage Park and Wendover Rise. The Coppice offers a selection of 3, 4 and 5 bedroomed houses. Evergreen East includes the development of contemporary 2, 3, 4 and 5 bedroom homes situated in the Leeds New Forest Village. The Company has built over 100,000 homes. During the fiscal year ended July 31, 2011 (fiscal 2011), the Company completed the sale of 2,332 homes (in the first six months of the financial year). During fiscal 2011, it completed the sale of 4,922 homes. As of July 31, 2011, the Company operated from 205 outlets. During fiscal 2011, 2,092 of the Company’s new homes have had renewable energy technology installed.

Directors: John Watson (CEO) 50, Edward Ayres (Fin. Dir.) 33, Keith Adey (Secy.) 58,

No. of Employees: 1,555 No. of Shareholders: 2,480


Last Annual July 31st, 2012
Last Interim January 31st, 2013
Shares in Issue 121,633,304
Free Float 118.9m (97.8%)
Sector Consumer Cyclicals
Industry Homebuilding & Construction Supplies
Index FTSE 350 Act , FTSE Lower Yield , FTSE 250 Mid , FT350 Hsehld Gds ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

BWY SHARE PRICE PERFORMANCE BWY QUOTE
BWY Share Price GBp
1333p
Day's Change
1.0  0.1%
Traded 4:58pm · Minimum 15 min delayed

LATEST BWY NEWS ANNOUNCEMENTS (delayed)

UPCOMING BWY EVENTS
Tuesday 6th August, 2013
Bellway PLC Trading Update
Tuesday 15th October, 2013
Preliminary 2013 Bellway PLC Earnings Release
Tuesday 25th March, 2014 (estimate)
Interim 2014 Bellway PLC Earnings Release

Recent ↓
Friday 7th June, 2013
Bellway PLC Interim Management Statement for the period from 1 February to 31 May 2013
Wednesday 22nd May, 2013
Dividend For BWY.L
Thursday 16th May, 2013
Bellway PLC at Deutsche Bank Housebuilders Day
Tuesday 26th March, 2013
Interim 2013 Bellway PLC Earnings Presentation (London)
Tuesday 26th March, 2013
Interim 2013 Bellway PLC Earnings Release
Thursday 7th February, 2013
Bellway PLC Pre-Close Trading Update
Friday 11th January, 2013
Bellway PLC Annual General Meeting
Wednesday 12th December, 2012
Dividend For BWY.L
Friday 7th December, 2012
Bellway PLC Interim Management Statement
Tuesday 16th October, 2012
Preliminary 2012 Bellway PLC Earnings Presentation (London)


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