Taylor Wimpey on track to hit expected profit but warns of post-Budget cost increases

By Carl Brown2025-01-16T08:24:00

Housebuilder expects cost pressure in 2025 as suppliers factor in tax rises announced in Autumn

Taylor Wimpey has said it is on track to hit its profit expectations for the year but warned of increasing cost pressures.

In a short trading update this morning the housebuilder said it expects to post operating profit of around £416m for the year to 31 December 2024, which is in line with its previous guidance.

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