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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

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Share Price: 142.15
Bid: 142.30
Ask: 142.40
Change: 0.35 (0.25%)
Spread: 0.10 (0.07%)
Open: 142.80
High: 142.90
Low: 141.50
Prev. Close: 141.80
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Taylor Wimpey hails UK housing recovery as FY profits rise

Wed, 26th Feb 2014 07:00

Housebuilder Taylor Wimpey said the UK housing market was showing "significant recovery" for the first time in five years as it increased annual operating profits by 39 per cent to 312.9m pounds.The group, whose revenue in the year to December 31st rose 13.7% to £2.3bn, also said it was returning about £250m to shareholders, of which £50m would be in 2014 and £200m in 2015.It expects its strategy to lead to "further significant annual payments from 2016".It proposed a final maintenance dividend of 0.47p against 0.43p a year ago, giving a total for the year of 0.69p against 0.62p beforehand.Chief Executive Pete Redfern said its policy of adding to its short-term land stockpile and improvements in the UK housing market had helped it strongly improve its operating performance.There have been concerns that the UK government's Help to Buy scheme to assist people in getting onto the housing ladder risks creating a house price bubble as rising demand outstrips supply.Redfern told financial news agency Bloomberg that he believed talk of a bubble was overblown, with prices rises across the UK falling far short of the 20% drop in prices after the credit crunch.He said conditions in London were slightly different. "The issue in London is not so much about a bubble, it's about affordability and availability of housing for people to live in," he said.He warned against a sudden halt to Help to Buy, which he said was due to end in 2016, and said there should be a phased withdrawal over time."We would not want to see it continue long-term [...] but some sort of steady reduction seems sensible to us," he said.Taylor Wimpey completed 11,696 homes at an average selling price of £191,000 against 10,886 homes in 2012 at £181,000.The group increased its total order book by 31.4% to £1,246m at December 31st versus £948m in 2013.PW
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2 Aug 2023 07:24

Taylor Wimpey posts drop in 1H revenues and profit after 'substantial' rise in mortgage rates

(Sharecast News) - Taylor Wimpey posted a sharp drop in first half revenues and profit amid a backdrop of "substantially" higher mortgage rates.

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1 Aug 2023 08:55

LONDON MARKET OPEN: Fresnillo falls on profit hit; UK house prices fall

(Alliance News) - Stock prices in London opened mixed on Tuesday, as investors look ahead to a slew of PMI data.

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31 Jul 2023 12:06

Pod Point first half loss widens on goodwill impairment loss

(Alliance News) - Pod Point Group Holdings PLC on Monday said revenue was down in the first half as its loss widened due to skyrocketing administrative expenses.

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28 Jul 2023 11:47

LONDON MARKET MIDDAY: FTSE 100 treads water on blue chip earnings

(Alliance News) - Stock prices in London were mixed at midday on Friday, after a busy week of earnings comes to an end.

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26 Jul 2023 15:43

UK earnings, trading statements calendar - next 7 days

Thursday 27 July 
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Airtel Africa PLCQ1 Results
Anglo American PLCHalf Year Results
Antofagasta PLCHalf Year Results
Beazley PLCTrading Statement
Capital & Regional PLCHalf Year Results
Card Factory PLCTrading Statement
Centrica PLCHalf Year Results
Checkit PLCTrading Statement
Drax Group PLCHalf Year Results
Deliveroo PLCHalf Year Results
Derwent London PLCHalf Year Results
DP Eurasia NVTrading Statement
Entain PLCHalf Year Results
Greencoat UK Wind PLCHalf Year Results
Global Connectivity PLCHalf Year Results
Hostelworld Group PLCHalf Year Results
HydrogenOne Capital Growth PLCTrading Statement
Lancashire Holdings LtdHalf Year Results
Mitchells & Butlers PLCTrading Statement
OSB Group PLCHalf Year Results
Persimmon PLCHalf Year Results
Redcentric PLCFull Year Results
RELX PLCHalf Year Results
Rentokil Initial PLCHalf Year Results
Resolute Mining LtdTrading Statement
S&U PLCTrading Statement
Sage Group PLCTrading Statement
Savills PLCHalf Year Results
Secure Trust Bank PLCHalf Year Results
SEGRO PLCHalf Year Results
Spirax-Sarco Engineering PLCHalf Year Results
Videndum PLCHalf Year Results
Wheaton Precious Metals CorpHalf Year Results
Friday 28 July 
AstraZeneca PLCHalf Year Results
AIB Group PLCHalf Year Results
GCP Infrastructure Investments LtdTrading Statement
IMI PLCHalf Year Results
Impellam Group PLCHalf Year Results
International Consolidated Airlines Group SAHalf Year Results
Intertek Group PLCHalf Year Results
Jardine Matheson Holdings LtdHalf Year Results
NatWest Group PLCHalf Year Results
PayPoint PLCFull Year Results
PayPoint PLCTrading Statement
Rightmove PLCHalf Year Results
Standard Chartered PLCHalf Year Results
Taylor Maritime Investments LtdTrading Statement
Vanquis Banking Group PLCHalf Year Results
YouGov PLCTrading Statement
Monday 31 July 
Bank of Ireland Group PLCHalf Year Results
GlobalData PLCHalf Year Results
Hutchmed (China) LtdHalf Year Results
Pearson PLCHalf Year Results
Pod Point Group Holdings PLCHalf Year Results
Quartix Technologies PLCHalf Year Results
Ricardo PLCTrading Statement
Senior PLCHalf Year Results
Spectris PLCHalf Year Results
Tuesday 1 August 
BP PLCHalf Year Results
Coats Group PLCHalf Year Results
Diageo PLCFull Year Results
Domino's Pizza Group PLCHalf Year Results
Filtronic PLCFull Year Results
Fresnillo PLCHalf Year Results
Greggs PLCHalf Year Results
HSBC Holdings PLCHalf Year Results
International Personal Finance PLCHalf Year Results
Keller Group PLCHalf Year Results
Man Group PLCHalf Year Results
Metro Bank PLCHalf Year Results
NWF Group PLCFull Year Results
Robert Walters PLCHalf Year Results
Staffline Group PLCHalf Year Results
System1 Group PLCFull Year Results
Travis Perkins PLCHalf Year Results
Virgin Wines UK PLCTrading Statement
Weir Group PLCHalf Year Results
XP Power LtdHalf Year Results
Wednesday 2 August 
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ConvaTec Group PLCHalf Year Results
Direct Line Insurance Group PLCHalf Year Results
Endeavour Mining PLCHalf Year Results
Ferrexpo PLCHalf Year Results
Haleon PLCHalf Year Results
Genel Energy PLCHalf Year Results
Ibstock PLCHalf Year Results
IP Group PLCHalf Year Results
Kerry Group PLCHalf Year Results
Permanent TSB Group Holdings PLCHalf Year Results
Smurfit Kappa Group PLCHalf Year Results
Spirent Communications PLCHalf Year Results
Taylor Wimpey PLCHalf Year Results
TheWorks.co.uk PLCFull Year Results
Virgin Money UK PLCTrading Statement
  
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19 Jul 2023 16:50

LONDON MARKET CLOSE: Stocks soar, sterling suffers after shock UK CPI

(Alliance News) - Stocks in London ended sharply higher on Wednesday after a cooler-than-expected inflation print in the UK raised hopes that the Bank of England won't have to hike interest rates as far and as fast as previously feared.

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19 Jul 2023 08:56

Cooler inflation unleashes monster rally in UK markets, dents pound

LONDON, July 19 (Reuters - British property stocks and government bond prices soared on Wednesday after data showed UK inflation slowed by a lot more than expected in June, which could offer cash-strapped consumers and businesses respite from many more punishing rate rises.

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19 Jul 2023 08:54

LONDON MARKET OPEN: Housebuilders lead rally after soft UK inflation

(Alliance News) - Stock prices in London rose sharply at Wednesday's open, with official figures showing signs that runaway UK inflation might be easing.

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18 Jul 2023 16:49

LONDON MARKET CLOSE: Stocks upbeat ahead of key UK inflation print

(Alliance News) - Stocks in London ended firmly in the green on Tuesday, with the FTSE 100 lifted by a strong performance from housebuilding stocks and a very well-received update from online grocer and warehouse technology firm Ocado.

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18 Jul 2023 15:31

Battered UK homebuilder shares set for biggest daily rise in five months

LONDON, July 18 (Reuters) - UK homebuilder shares headed for their biggest one-day gain since February on Tuesday as expectations grew that British interest rates might peak sooner than initially feared.

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18 Jul 2023 13:47

Battered UK homebuilders set for biggest daily rise in five months

LONDON, July 18 (Reuters) - UK homebuilders shares headed for their biggest one-day gain since February on Tuesday, recovering further from the drop to seven-month lows earlier in July, as expectations grew that British interest rates might peak sooner than initially feared.

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18 Jul 2023 11:58

LONDON MARKET MIDDAY: Ocado leads way but FTSE 100 flat

(Alliance News) - London's FTSE 100 was ever-so-slightly higher heading into Tuesday afternoon, supported by gains for housebuilding stocks on hope UK inflation is easing, and grocer Ocado.

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17 Jul 2023 08:47

LONDON MARKET OPEN: Miners fall after disappointing China GDP print

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13 Jul 2023 17:02

LONDON MARKET CLOSE: Pound hits USD1.31 amid tamer US inflation data

(Alliance News) - Stock prices in London closed higher on Thursday, and sterling hit the USD1.31 mark, as more data suggested that US inflation pressure is easing.

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13 Jul 2023 12:15

Are higher rates the best way forward?

STOXX Europe 600 up 0.5%

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