Bellway reports decline in first half sales as demand weakens
British homebuilder Bellway reported a drop in first-half sales due to economic uncertainty. The reservation rate fell to 0.47 homes per week per outlet.
Insights:
Bellway p.l.c. has announced a slowdown in sales for the six-month period ending 31 January, reporting that economic uncertainty dampened customer demand during the autumn selling season. The company stated that its private reservation rate fell to 0.47 homes per outlet per week in the first half of fiscal 2026, a decrease from the 0.51 homes per outlet per week recorded during the same period a year earlier. This decline in a key near-term sales indicator signals weaker sales performance for the business in the immediate future.
