Wimpey gets a profit boost

Feb. 23, 2005
Wimpey has reported better than expected annual profits of £450.7 million, a rise of 19%. Wimpey shares pushed up 6% to 445p prompting share increases for other big players in the housebuilding sector. Wimpey chief executive Peter Johnson said the situation was encouraging. “We appear to be looking at a stabilisation of house prices or a low increase,” he said. …

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