Bellway Shares Slump as CEO Warns of Softer Market and Middle East Conflict Risks

Homebuilder Bellway's shares were negatively impacted after the company issued a disappointing full-year earnings outlook, with its CEO warning of a softer market and cautioning about risks from the Middle East conflict and rising mortgage rates.

24 Mar, 12:36 — 24 Mar, 12:36

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The IndependentMostly Factual4d ago

Bellway shares hit as full-year earnings outlook disappoints

The builder cautioned over risks to the market from the Middle East conflict as mortgage rates have already begun to rise.

By Holly Williams

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Coverage Timeline

First report: The Independent · 24 Mar, 12:36|Full coverage: 2 · 2h|Window: 2h

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The Independent24 Mar, 12:36First to report

Bellway shares hit as full-year earnings outlook disappoints

2h later

FT24 Mar, 14:33Latest update

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Bellway Shares Slump as CEO Warns of Softer Market and Middle East Conflict Risks

Sources

Bellway shares hit as full-year earnings outlook disappoints

Coverage Timeline

Bellway shares hit as full-year earnings outlook disappoints

UK housebuilder Bellway shares slump as CEO warns of softer market

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