"Excellent year" for TW

Feb. 28, 2017
<p>Taylor Wimpey completed 13,808 homes in the UK in the year to December 2016, 4.5% up on the previous period.</p> <p>Revealing full year results on February 28, the firm said revenue was up 17.1% to £3,676.2 million and profit increased 20% to £764.3 million in the year. Margin was 20.8%.</p> <p>Pete Redfern, TW's chief executive, said: "In 2016 we delivered an excellent performance set against an uncertain political and economic environment that stabilised in the final quarter. The outlook for 2017 is for ongoing stability and incremental price growth, which is a healthy backdrop for our business and our customers."</p>

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