Major housebuilders return to profit

Sept. 1, 2010
Housebuilders Taylor Wimpey and Bovis have both revealed a return to profit in recent half-year statements to the City. Taylor Wimpey posted a half-year £19.6 million pretax profit after 2009’s loss of £68.9 million, whilst Bovis returned a profit of £3.5 million compared to a loss of £8.6 million in the same period last year. Bellway reported that it had …

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