Taylor Wimpey sees interim profit jump despite turnover dip

By Joey Gardiner2022-08-03T10:45:00

New chief executive says year end numbers now likely to be at top end of expectations

Housebuilder Taylor Wimpey has reported interim profit up 16.3% on 2021 despite a dip in turnover, and said it now expects year end results to be at the top end of expectations.

Reporting results for the six months to July 3, the firm, now steered by new chief executive Jennie Daly, announced pre-tax profit of £335m, up from £288m, on revenue of £2.08bn, down 5.4%.

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