Taylor Wimpey Back in Profit

The JournalAugust 04, 2010

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Summary


HOUSEBUILDER Taylor Wimpey has swung back into profit after its focus on margins over sales growth helped to boost half-year results.

The group recorded pre-tax profits of pounds 19.6m for the six months to June 30, against losses of pounds 672.7m in 2009 when it was forced to write down the value of work in progress by more than pounds 500m.

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Taylor Wimpey Back in Profit

Taylor Wimpey said its focus on maximising ma...

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