Bellway's New CFO Likely to Support Investor Sentiment -- Market Talk

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Bellway's New CFO Likely to Support Investor Sentiment -- Market Talk

Dow Jones2024-10-11

0822 GMT - Bellway's growth strategy to drive scale and recover returns over the medium term are likely to remain on track after the housebuilder announced the appointment of Shane Doherty as CFO, Citi analyst Ami Galla says in a note. Doherty's experience in the housing sector, being Cairn Homes' former CFO, should support investor sentiment, Galla says. Shares are up 0.1% at 3,010 pence. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

October 11, 2024 04:23 ET (08:23 GMT)

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