The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 134.30
Bid: 134.50
Ask: 134.60
Change: 2.85 (2.17%)
Spread: 0.10 (0.074%)
Open: 132.30
High: 135.10
Low: 132.15
Prev. Close: 131.45
TW. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-UK's Barratt sees "significant" improvement in profit

Wed, 16th Jan 2013 07:27

LONDON, Jan 16 (Reuters) - British housebuilder Barratt said it expects a "significant" improvement in profitsfor the full year 2012-2013 after its profit before tax morethan doubled in the first six months to December. Barratt, the UK's largest housebuilder by market volume,said on Wednesday it expects pre-tax profit over the half yearperiod to rise by 108 percent to 45 million pounds ($72million)and posted group revenues of 950 million pounds, in linewith the prior year. The company completed 5,085 units over the period and secured private forward sales, excluding joint ventures, of536.5 million pounds by the end of December, up 35.5 percentover the prior year, it said. "This has been a good first half performance," Group ChiefExecutive Mark Clare said. "In addition, we have been investingfor the future, successfully securing higher margin land both inthe South-East and across the rest of the country that willdrive further profit growth. "We are on track to deliver around half of our full yearcompletions from higher margin land, and combined with ourcontinued focus on driving efficiency across the group, weexpect to deliver a significant improvement in profitability forthe full year 2013." Barratt said it had agreed terms on 453 million pounds worthof new land in the first half, equating to 9,320 plots on 67sites, and that it expects to agree terms on 15,000 plots forthe full year. It also said that it had bought two sites in London with adevelopment value of 400 million pounds which would provide morethan 1,000 new homes for the capital. Barratt and its rivals such as Taylor Wimpey andPersimmon have in the past year sought to beat asluggish market by buying land cheaply during the recession,building more lucrative family homes rather than flats andfocusing on areas where prices have stayed strong such as Londonand south England. Shares in Barratt, which have more than doubled in priceover the past year, closed at 226.5 pence on Tuesday, valuingthe company at 2.2 billion pounds.
More News
17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

Read more
16 Jan 2024 11:49

Jefferies downgrades Crest Nicholson, ups Persimmon

(Sharecast News) - Jefferies has upgraded Persimmon and cut its rating on Crest Nicholson following a review of UK housebuilders.

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

Read more
15 Jan 2024 12:04

LONDON MARKET MIDDAY: Stocks head lower in quiet trade amid US holiday

(Alliance News) - Stock prices in London were lower at midday Monday, with trading likely to remain subdued due to a public holiday in the US.

Read more
15 Jan 2024 08:41

LONDON MARKET OPEN: Stocks tread water amid geopolitical tensions

(Alliance News) - Stock prices in London opened slightly higher on Monday, as investors digested geopolitical tensions in the Middle East and Taiwan.

Read more
12 Jan 2024 08:20

UK's Vistry upbeat on 2024 as demand for affordable homes picks up

Says current forward sales up 12.4% year-on-year

*

Read more
11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

Read more
11 Jan 2024 10:19

UK builder Taylor Wimpey warns of tough market despite drop in mortgage rates

Reiterates 2023 operating profit forecast

*

Read more
11 Jan 2024 08:57

TOP NEWS: Taylor Wimpey order book and profits hit by tough market

(Alliance News) - Taylor Wimpey PLC on Thursday said that "sharp operational focus" had allowed them to survive the year's challenging market conditions, but said that the near-term outlook remains uncertain.

Read more
11 Jan 2024 07:41

LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance

(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.

Read more
11 Jan 2024 07:25

Taylor Wimpey's 2023 profits at top end of guidance

(Sharecast News) - Housebuilder Taylor Wimpey is set to deliver profits towards the top of guidance for the full year but said that the market remains "uncertain" despite a recent reduction in mortgage rates.

Read more
10 Jan 2024 16:51

LONDON MARKET CLOSE: Tepid trade as investors await US inflation data

(Alliance News) - London's FTSE 100 ended lower on Wednesday, as its difficult start to the year continues, as investors have one eye on Thursday's US inflation data.

Read more
10 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 falls as investors await rates clarity

(Alliance News) - Blue-chip European shares were lower early Wednesday afternoon, with the mood in equity markets uncertain ahead of Thursday's key US inflation report.

Read more
8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.