TW sees “strong” 2021

Taylor Wimpey has enjoyed “strong” full year results matching its expectations, with the housebuilder seeing a 47% increase in its completions and revenue rising 53.6% against 2020. Issuing its results for the year ending December 31 2021, the business achieved 14,087 home completions against 2020’s 9,609. This compares to the pre-pandemic 16,042 of 2019. Taylor

Continue Reading

TW’s full year in line with expectations

Taylor Wimpey expects to announce full year results “in line with expectations” it said this week with a group operating profit anticipated of around £820 million. Reporting ahead of its results for the year ending December 31 2021, expected on March 3, the volume housebuilder said that its total UK home completions (including joint ventures)

Continue Reading

Taylor Wimpey looks to 2023 with strong half year

Taylor Wimpey says it is “pleased” with its second half performance to date and remains set to deliver results for its full year in line with previous guidance. Looking ahead, it is targeting “significant” completions growth from 2023. With the UK housing market remaining “positive” during the second half of 2021, the volume housebuilder achieved

Continue Reading

Taylor Wimpey and Vistry Partnerships to reopen sites

Giving an update on trading from January 1 until the end of April, Taylor Wimpey said it now had plans and processes in place to start a phased process of site reopening from May 4 “based on detailed new site operating protocols developed in compliance with strict social distancing requirements,” on most of its sites

Continue Reading

Taylor Wimpey has a positive start to the year

Releasing figures Taylor Wimpey reported a 5% increase in group completions to 16,042 including joint ventures (2018: 15,275) in 2019 confirming the results for the year were “in line with expectations”. Revenue increased by 6.4% to £4,341.3 million (2018: £4,082.0 million) with operating profit of £850.5 million (2018: £880.2 million) – volume growth was offset

Continue Reading

Taylor Wimpey anticipate hitting year’s target

Taylor Wimpey has reported it is “on track” to deliver its full year expected results, while noting increasing customer caution in higher priced markets, especially London and the south east. Issuing a trading update in November, the volume housebuilder said that good demand for its homes continued in the second half of the year and

Continue Reading

2019 starts well for Taylor Wimpey

Taylor Wimpey has made a “good start” to 2019, the housebuilder reported at the end of April, while acknowledging the effect of increased build cost inflation for the year. Issuing an update ahead of its Annual General meeting covering January 1 2019 to today, the firm said that the new build housing market had remained

Continue Reading

2019 starts well for TW

Taylor Wimpey’s completions in 2018 rose 2.9% to 15,275 from 14,842 in 2017 including joint ventures with the firm’s pre-tax profit rising 5.5% to £856.8 million from £812.0 million in 2017. Margin increased to 21.65% from 21.3% on revenue of £4.082 billion. Announcing the firm’s final results for the year, TW said it had a

Continue Reading

“Strong performance” for Taylor Wimpey

Taylor Wimpey has reported another year of “strong performance” with the company set to report full year results in line with expectations. Issuing an update on January 9th ahead of its results for the year ending December 31 2018, the volume housebuilder said that during the period its total home completions rose 3% to 14,947

Continue Reading

2016 targets met by Taylor Wimpey

Taylor Wimpey saw total home completions rise 4% in 2016 to 13,881, 19% of which were affordable, according to a trading statement issued this morning. “We are pleased to report good progress in 2016, with an increase in housing completions and robust trading despite wider macroeconomic uncertainty,” said Pete Redfern, chief executive of TW. “In

Continue Reading