Taylor Wimpey on track for forecasted profit

By Joey Gardiner2021-11-12T06:00:00

Housebuilder expecting £820m operating profit

Taylor Wimpey said it is on track to hit previously forecast profit expectations for the year as house price inflation offsets increases to build costs.

The housebuilder, in a trading update published yesterday, said it is set to achieve operating profit of £820m for the year, as it forecast in its half-yearly update earlier this year.

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