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IN BRIEF: Taylor Wimpey confirms financial targets amid stable trading

25th May 2022 08:56

Taylor Wimpey PLC - Buckinghamshire-based housebuilder - Says trading remains in line with the trends outlined at its annual general meeting at the end of April. At the AGM, Taylor Wimpey had said that the housing market was "healthy", with strong customer demand, low-interest rates and good mortgage availability. Taylor Wimpey also had said it was trading in line with expectations.

Taylor Wimpey confirms its financial targets comprising an operating profit margin of 21% to 22% and a return on net operating assets of 30%.

Current stock price: 125.95 pence

12-month change: down 26%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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