Taylor Wimpey has said it’s on track to meet its profit target for the year, but echoing a similar warning from rivals Persimmon and Vistry, said rising costs could be a headwind to growth in 2025. The FTSE 100 firm expects an operating profit of £416m for 2024, down from £470.2m the year prior, according to a trading update on Thursday. It comes as UK housebuilders grapple with interest and mortgage rate concerns, coupled with a big hit from th…

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Taylor Wimpey: Housebuilder holds guidance but warns of cost pressures

Housebuilder expects cost pressure in 2025 as suppliers factor in tax rises announced in Autumn

Housing Today

Taylor Wimpey on track to hit expected profit but warns of ...

The Buckinghamshire-based firm said total completions over the 12 months were 10,593, down from 10,848 in 2023 as it issued a trading update

business-live.co.uk

Reach plc

Taylor Wimpey on track to meet profit target but warns of cost pressures

As the financial world gears up for a busy Thursday, the spotlight is firmly set on major players like Taylor Wimpey and Whitbread. Both companies are expected to provide trading updates that could significantly influence market sentiment. For Taylor Wimpey, the stakes are particularly high. The housebuilder has faced scrutiny over rising costs, an issue that has been echoed by its competitors. Source

thefinancialanalyst.net

Market Focus: Taylor Wimpey and Whitbread Set to Impact Economic Outlook

headlinemoney.co.uk

Whitbread Q3/Taylor Wimpey trading statement

Taylor Wimpey Plc (LON:TW) has issued the following update on trading ahead of its full year results for the year ended 31 December 2024, which will be announced on 27 February 2025. 
Jennie Daly, CEO, commented: “We have delivered a good performance during 2024 with full year UK completions towards the upper end of our guidance range, as previously indicated, and operating profit expected to be in line with our previous guidance1. These results…

DirectorsTalk Interviews

Taylor Wimpey Plc enter 2025 with a strong order book and land position

Taylor Wimpey shares fell on Thursday after it released a full-year trading statement that could be considered a disappointment compared to its peers. Taylor Wimpey has reported a slight decrease in completions for 2024, with total Group completions including joint ventures slipping to 10,593, down from 10,848 in 2023. Persimmon recently reported a 7% increase […] The post Taylor Wimpey shares dip after completions and average sales prices fall …

Taylor Wimpey: Housebuilder holds guidance but warns of cost pressures

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