Higher build costs hit Taylor Wimpey’s bottom line

By Hamish Champ2019-07-31T12:44:00

Margins fall to 18% at country’s second biggest housebuilder

Margins at Taylor Wimpey were hit in the first six months of the year by the increased cost of building homes, the firm said today.

Operating margins were down to 18% from 20% for the same period last year. Full year operating margins in 2018 were 22%.

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