Bellway increases its 2015 interim dividend by 56%

DividendMax Ltd.

Bellway increases its 2015 interim dividend by 56%

Financial Highlights

 

Half year ended

31 January

2015

Half year ended

31 January

2014*

Movement

Revenue

£831.2m

£700.4m

+18.7%

Gross profit

£195.3m

£138.3m

+41.2%

Gross margin

23.5%

19.7%

+380 bps

Operating profit

£165.7m

£109.0m

+52.0%

Operating margin

19.9%

15.6%

+430 bps

Profit before taxation

£158.9m

£103.8m

+53.1%

Earnings per share

103.5p

66.3p

+56.1%

Dividend per share

25.0p

16.0p

+56.3%

Return on capital employed

22.8%

17.0%

+580 bps

 

Net asset value per share increased to 1,181p (31 July 2014 - 1,118p)

Companies mentioned