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Taylor Wimpey Half year results for the period ended 3 July 2022.

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idpickering
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Taylor Wimpey Half year results for the period ended 3 July 2022.

#519350

Postby idpickering » August 3rd, 2022, 7:16 am

Key highlights:

· Group completions excluding joint ventures: 6,790 homes (H1 2021: 7,303) slightly ahead of guidance

· Group operating profit margin increased to 20.4% (H1 2021: 19.3% ), including some benefit from planned land sales and a strong performance from joint ventures

· On track to deliver 2022 outlet openings for further growth in 2023

· Announced 2022 interim dividend of 4.62 pence per share amounting to £163 million

· Completed a £150 million share buyback in H1 2022

· Full year Group operating profit now expected to be around the top end of the current market consensus range1

And later;

The Directors have assessed the Company's performance in the current period and approved an interim dividend of 4.62
pence per share in line with the Group's dividend policy. The dividend will be paid on 18 November 2022 to all shareholders registered at the close of business on 14 October 2022. This is expected to result in a payment of c.£163 million.


https://www.investegate.co.uk/taylor-wi ... 00066902U/

Also posted on Company News here; viewtopic.php?p=519348#p519348

Ian.

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