LONDON (dpa-AFX) - Home builder Bellway Plc. (BWY.L) Tuesday said its full-year profit before tax climbed to 354.2 million pounds from last year's 246.0 million pounds.
Excluding items, pre-tax profit totaled 347.33 million pounds last year. Earnings per share climbed to 230.8 pence from 156.3 pence.
Revenue increased 18.9 percent to 1.765 billion pounds from 1.485 billion pounds in the previous year.
Bellway sold a record 7,752 homes in the period, up 13.2 percent fro last year's 6,851 homes.
The Board proposed to raise the final dividend by 44.4 percent to 52.0 pence per share.
Further, the company proposed a dividend increase to 77.0 pence per share from 52.0 pence per share in 2014.
In the nine weeks since August 1, the Group has taken an average of 149 reservations per week, compared to 128 last year. The value of the order book at October 4 rose to 1.033 billion pounds from 975.4 million pounds as at September 28.
'Notwithstanding the ongoing constraints regarding the availability of labour, the strength of this forward order book should give rise to the Group achieving further volume growth of up to 10% in the current financial year,' the firm said in a statement.
Copyright RTT News/dpa-AFX