Taylor Wimpey plc

Strong H2 to date; FY results to be in line with expectations

  • Sectors : Construction and Housebuilding
  • Companies : Taylor Wimpey plc

Ratings and price correct at time of issue.

  • Taylor Wimpey plc

    Closing Price: 19290p

  • RATING 10/09/13

  • PREVIOUS RATING 21/05/13

    UNDER REVIEW

DAVY VIEW

Trading has been good so far in H2 for Taylor Wimpey, with sales rates slightly ahead of last year’s figures. The trading results read better than some peers’ announcements last week, but overall the market seems broadly in line with the level of demand seen in 2016. FY 2017 results are likely to be in line with expectations, and we see limited possibility of any estimate changes.

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Nov 13 2017, 07:35 GMT

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