Taylor Wimpey returns to profit

Aug. 3, 2010
Taylor Wimpey has returned a pre-tax profit of £19.6 million after last year’s loss of £68.9 million. Reporting on its half year results for the period ending 4 July 2010, the volume housebuilder revealed that its UK operating margin had risen from 7.5% after last year’s negative 1%. The company said it had been concentrating on maximising margins and returns …

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