Taylor Wimpey’s full-year revenue rose by around 12% to £3.8bn. This was driven by total completion growth of 6% to 11,229 new homes, and average selling prices rising by 5% to £335,000.
The order book declined by £0.1bn to £1.9bn, reflecting a backlog of 6,832 new homes. The net cash position fell by £0.2bn to £0.3bn.
2025’s operating profit is now expected to rise from around £416mn to £420mn, slightly below prior guidance of around £424mn.
In 2026, the group’s operating profit margin is anticipated to fall from 2025’s level, due to weaker pricing and low single-digit build cost inflation.
The shares fell 4.3% in early trading.
Our view
HL view to follow.
Taylor Wimpey key facts
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This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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