Bellway, a UK housebuilder, reports a 19.9% jump in pre-tax profit and expects to build more homes in 2025.

Bellway, a UK housebuilder, reported a strong first half of the year with a 19.9% increase in pre-tax profit to £140.8 million and a 12.3% rise in revenue to £1.43 billion. The company completed 4,577 homes, a 12% increase, attributing the growth to strong demand and easier mortgage finance. Bellway expects to deliver 8,500 homes for the full year, up from 4,092 last year, and raised its interim dividend to 21.0 pence per share.