LONDON, Nov 14 (Reuters) - British housebuilder TaylorWimpey recorded a slight increase in cancellations so farthis year and saw its sales rate marginally fall but said itexpected to post an increase in full-year operating profitmargin.
In the year to date, the firm saw cancellations rise from 11percent to 13 percent and its sales per outlet fall from 0.76 to0.75.
But it said its total order book for the year ahead was upon last year and that the June 23 referendum to leave theEuropean Union had not hit short-term demand for new homes,echoing comments from its peers in recent weeks.
"While there remains some uncertainty following the UK'svote to leave the European Union, we are encouraged to see thatthe housing market has remained robust and trading has remainedresilient," Chief Executive Pete Redfern said. (Reporting by Costas Pitas; editing by Kate Holton)
Taylor Wimpey (TW.)
