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Taylor Wimpey PLC (TW.L)

TW.L on London Stock Exchange

191.05GBp
3:05pm BST
Change (% chg)

0.45 (+0.24%)
Prev Close
190.60
Open
191.05
Day's High
192.25
Day's Low
188.40
Volume
4,447,622
Avg. Vol
11,811,211
52-wk High
206.21
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127.80

Latest Key Developments (Source: Significant Developments)

Simplybiz Group Signed A Three Year Contract With Taylor Wimpey
Monday, 28 Jan 2019 

Jan 28 (Reuters) - SimplyBiz Group PLC ::SIMPLYBIZ GROUP PLC - SIMPLYBIZ'S ZEST WINS CONTRACT WITH TAYLOR WIMPEY.SIMPLYBIZ GROUP PLC - SIGNED A THREE YEAR CONTRACT WITH TAYLOR WIMPEY PLC.  Full Article

Taylor Wimpey H1 Pretax Profit 301 Mln STG Vs 205 Mln STG
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Taylor Wimpey PLC ::H1 PRETAX PROFIT 301 MILLION STG VERSUS 205 MILLION STG YEAR AGO.INTERIM DIVIDEND 2.44 PENCEPER SHARE.WE REMAIN ON TRACK TO DELIVER BOARD'S EXPECTATIONS FOR 2018..INCREASE IN UK PRIVATE AVERAGE SELLING PRICE TO £295K (H1 2017: £287K).STRONG UK ORDER BOOK AS AT 1 JULY 2018 REPRESENTING 9,241 HOMES (2 JULY 2017: 8,741 HOMES).PROFIT BEFORE TAX OF £301 MILLION (H1 2017: £205 MILLION.EXCEPTIONAL PROVISION OF £30.0 MILLION TO REPLACE ALUMINIUM COMPOSITE MATERIAL (ACM) CLADDING, PROVIDING SUPPORT TO CUSTOMERS ON CERTAIN DEVELOPMENTS FOLLOWING A DETAILED REVIEW.INCREASED NET CASH OF £525.1 MILLION AS AT 1 JULY 2018.BASED ON OUR CURRENT FIVE-YEAR EXPECTATIONS, AND IN CURRENT MARKET CONDITIONS, WE EXPECT SPECIAL DIVIDEND PAYMENTS TO REMAIN COMPARABLE TO 2018 AND 2019 PAYMENTS.DURING FIRST HALF OF 2018, HOUSING MARKET HAS BEEN STABLE ACROSS ALL OUR CORE GEOGRAPHIES, INCLUDING LONDON.DESPITE SOME WIDER UNCERTAINTY IN UK ECONOMY AND ONGOING BREXIT NEGOTIATIONS, WE HAVE SEEN NO MATERIAL IMPACT ON CUSTOMERS' ABILITY OR DESIRE TO PURCHASE A NEW HOME WITH TAYLOR WIMPEY IN 2018.WE REMAIN ON TRACK TO DELIVER IN LINE WITH OUR FY 2018 GUIDANCE..WE ALSO CONFIRM OUR PRIOR GUIDANCE FOR BUILD COST INCREASES IN 2018 OF C.3-4%..  Full Article

Taylor Wimpey sees further growth ahead after profits rise​
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Taylor Wimpey Plc ::FY PRETAX PROFIT FELL 5.8 PERCENT TO 555.3 MILLION STG.‍2017 WAS ANOTHER STRONG YEAR FOR TAYLOR WIMPEY AND WE ENTER 2018 IN A GOOD POSITION WITH POSITIVE FORWARD MOMENTUM.​.‍WE HAVE BEEN ENCOURAGED BY EARLY TRADING PATTERNS AT START TO YEAR AND DESPITE SOME WIDER MACROECONOMIC UNCERTAINTY, CONSUMER CONFIDENCE REMAINS ROBUST AND MARKET FUNDAMENTALS ARE SOLID.​.‍WE ENTER 2018 WITH A STRONG ORDER BOOK AND ARE WELL POSITIONED TO MAKE FURTHER PROGRESS AGAINST OUR MEDIUM TERM TARGETS AND IN DELIVERING LONG TERM VALUE FOR SHAREHOLDERS".​.‍£450.5 MILLION TOTAL DIVIDENDS PAID IN 2017 (2016: £355.9 MILLION), WITH C.£500 MILLION DECLARED FOR 2018 (SUBJECT TO SHAREHOLDER APPROVAL)​.‍PROFIT BEFORE TAX AND EXCEPTIONAL ITEMS £M 812.0 UP 10.7 PERCENT​.‍ADJUSTED OPERATING PROFIT* IN 2017 WAS £841.2 MILLION AND IS UP 10.1%, DRIVEN BY IMPROVED PERFORMANCE IN BOTH UK AND SPANISH BUSINESSES.​.‍WHILST WE HAVE SEEN NO ADVERSE IMPACT ON TRADING, WE ARE CONSCIOUS OF WIDER POLITICAL AND ECONOMIC RISKS.​.  Full Article

Royal Mail says to sell part of its Mount Pleasant site for 193.5 mln stg
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Royal Mail Plc :CONTRACTS HAVE BEEN EXCHANGED FOR SALE OF 6.25 ACRES OF ITS MOUNT PLEASANT SITE TO TAYLOR WIMPEY UK LTD.DEAL FOR A TOTAL GROSS CONSIDERATION OF £193.5 MILLION.CONSIDERATION IS MADE UP OF £190 MILLION IN CASH AND FAIR VALUE OF PARKING FACILITIES PROVIDED FOR ROYAL MAIL OF £3.5 MILLION.A DEPOSIT OF £9.5 MILLION HAS BEEN PAID TO ROYAL MAIL FOLLOWING EXCHANGE OF CONTRACTS.COMPLETION ON PHOENIX PLACE IS UNCONDITIONAL AND IS EXPECTED IN 2017.  Full Article

Taylor Wimpey reports HY pretax profit of 205 mln STG
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Taylor Wimpey Plc :H1 PRETAX PROFIT 205 MILLION STG VERSUS 268.8 MILLION STG YEAR AGO.INTERIM DIVIDEND 2.3 PENCEPER SHARE.TAYLOR WIMPEY PLC - TRADING THROUGH H1 OF 2017 HAS BEEN "VERY POSITIVE", SUPPORTED BY FAVOURABLE UK HOUSING MARKET FUNDAMENTALS AND GOOD CUSTOMER CONFIDENCE.IN CENTRAL LONDON MARKET IN PARTICULAR, SEE IMPROVED CUSTOMER CONFIDENCE FOLLOWING A PERIOD OF UNCERTAINTY."HAVE SEEN NO MATERIAL CHANGE IN TRADING SINCE GENERAL ELECTION, AND OUR FIRST HALF PERFORMANCE HAS BEEN STRONG".HY REVENUE 1,727.5 MILLION STG VERSUS 1,457.2 MILLION STG YEAR AGO.REMAIN ON TRACK TO MEET BOTH FULL YEAR OBJECTIVES AND MEDIUM TERM STRATEGIC GOALS.HY PRETAX PROFIT BEFORE EXCEPTIONAL ITEMS 335.0 MILLION STG VERSUS 266.6 MILLION STG YEAR AGO.INTERIM ORDINARY DIVIDEND OF 2.3 PENCE PER SHARE.ANNOUNCE TODAY A SPECIAL DIVIDEND OF £340 MILLION.  Full Article

PRESS DIGEST- British Business - April 24

April 24 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.