Edition:
India

Taylor Wimpey reports HY pretax profit of 205 mln STG


Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Taylor Wimpey Plc :H1 PRETAX PROFIT 205 MILLION STG VERSUS 268.8 MILLION STG YEAR AGO.INTERIM DIVIDEND 2.3 PENCEPER SHARE.TAYLOR WIMPEY PLC - TRADING THROUGH H1 OF 2017 HAS BEEN "VERY POSITIVE", SUPPORTED BY FAVOURABLE UK HOUSING MARKET FUNDAMENTALS AND GOOD CUSTOMER CONFIDENCE.IN CENTRAL LONDON MARKET IN PARTICULAR, SEE IMPROVED CUSTOMER CONFIDENCE FOLLOWING A PERIOD OF UNCERTAINTY."HAVE SEEN NO MATERIAL CHANGE IN TRADING SINCE GENERAL ELECTION, AND OUR FIRST HALF PERFORMANCE HAS BEEN STRONG".HY REVENUE 1,727.5 MILLION STG VERSUS 1,457.2 MILLION STG YEAR AGO.REMAIN ON TRACK TO MEET BOTH FULL YEAR OBJECTIVES AND MEDIUM TERM STRATEGIC GOALS.HY PRETAX PROFIT BEFORE EXCEPTIONAL ITEMS 335.0 MILLION STG VERSUS 266.6 MILLION STG YEAR AGO.INTERIM ORDINARY DIVIDEND OF 2.3 PENCE PER SHARE.ANNOUNCE TODAY A SPECIAL DIVIDEND OF £340 MILLION.