Taylor Wimpey PLC

TW.: XLON (GBR)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
GBX 334.00SjjVhwvmfcdr

Imminent Housing Downturn Spells a Challenging 2023 for Taylor Wimpey, but Its Shares Still Appeal

Taylor Wimpey updated the market on its late 2022 performance and, in effect, pre-announced its full-year 2022 result. Home completions of 14,154, including joint ventures, broadly aligned with our full-year expectations. However, with Taylor Wimpey’s average selling price of about GBP 313,000 tracking marginally above our prior forecast, we lift our full-year 2022 EBIT forecast by 1.6% to GBP 935 million, inclusive of joint venture profits.

Sponsor Center