Taylor Wimpey shows resilience but profit down

Aug. 2, 2023
Taylor Wimpey’s half year completions were ahead of expectations, but with the continuing market challenges its profit fell almost 43%. Reporting on the six months ending July 2, the volume housebuilder hailed a “resilient” first half. It achieved 5,082 completions (excluding joint ventures). However, these were still 25.2% lower than H1 2022. Pre-tax profit dropped to £237.7 million from last …

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