Wimpey to cut back on planned housebuilding as 2004 market tightens

Sept. 10, 2004
George Wimpey is to cut back on planned housebuilding volumes for the rest of this year in order to maintain margins. Chief executive Peter Johnson told Housebuilder magazine's Housing Market Intelligence (HMI) conference that company figures suggested that reservatiuons will drop in the final quarter of 2004 and that the company must react to that. "We have all worked hard …

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